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4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Ericsson    ERIC B   SE0000108656

ERICSSON (ERIC B)
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Telefonaktiebolaget LM Ericsson : Movistar, Ericsson test Argentina’s first 5G network

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11/10/2017 | 06:21pm CET

Movistar Argentina has teamed up with Swedish vendor Ericsson to test the country’s first 5G trial network. The test, which took place in Buenos Aires, utilised 28GHz millimetre wave (mmWave) spectrum, and achieved downlink transmission speeds of up to 20Gbps, via a combination of Massive MIMO, Beamforming and Beam Tracking solutions. Ericsson notes that the trial network will allow local telecoms operators and other ecosystem partners – such as academic institutions, health professionals, utilities and agriculture firms – to test the capabilities of 5G technology using an active network.

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Financials ( SEK)
Sales 2018 192 B
EBIT 2018 4 356 M
Net income 2018 -808 M
Finance 2018 13 813 M
Yield 2018 1,95%
P/E ratio 2018 -
P/E ratio 2019 32,26
EV / Sales 2018 0,88x
EV / Sales 2019 0,86x
Capitalization 182 B
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Ericsson Technical Analysis Chart | ERIC B | SE0000108656 | 4-Traders
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Mean consensus HOLD
Number of Analysts 26
Average target price 52,5  SEK
Spread / Average Target -4,1%
EPS Revisions
Managers
NameTitle
Erik Börje Ekholm President, Chief Executive Officer & Director
Leif Valdemar Johansson Chairman
Carl Mellander CFO, Senior VP, Head-Finance & Common Functions
Erik Ekudden Group CTO, Head-Technology & Architecture
Jacob Wallenberg Deputy Chairman
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