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Home > Company Index > Telecommunications > Wireless, Satellite & Microwave Communications Equipment > Telefonaktiebolaget LM Ericsson

Telefonaktiebolaget LM Ericsson
Nasdaq: ERICY
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 NEWS FROM THE WIRES
ADR REPORT - Foreign shares slip on tepid Wall Street
Aug 23 2001 09:51 AM PDT

Ericsson buys out HP of EHPT j/v
Aug 23 2001 06:59 AM PDT

ADR REPORT - European shares gain, Asian issues slip
Aug 20 2001 09:46 AM PDT

Ericsson to reorganise, appoint COO
Aug 17 2001 01:21 AM PDT

ADR REPORT - Europe's oil sector buoys ADRs
Aug 15 2001 09:36 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Analysts Give Wireless a Jump
Jul 30 2001 02:48 PM PDT

Nokia wins new network deal for Israel's Cellcom
Jul 15 2001 10:51 AM PDT

Siemens Cuts 2,000 More Jobs
May 10 2001 08:11 AM PDT

3 Companies to Set Specs for Mobile Messaging
Apr 26 2001 09:26 AM PDT

Sony and Ericsson Confirm Their Joint Venture
Apr 24 2001 07:59 AM PDT

 PROFILE
Ericsson is Swede on wireless. The company is one of the world's largest telecom equipment makers. Network operators and service providers (about 70% of sales) use Ericsson's antennas, transmitters, and other wireless and optical infrastructure gear to build and expand networks. The company trails rivals Nokia, Motorola, and Siemens in global mobile handset sales. Other products include corporate networking gear, cable, defense electronics, and software for mobile messaging and commerce. The company hopes to lower costs by cutting jobs and outsourcing the manufacture of its handsets. The Wallenberg family and holding company Industrivarden each control about 42% of Ericsson's voting power.

 COMPETITION
Motorola, Inc. (MOT)
Nokia Corporation (NOK)
Nortel Networks Corporation (NT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 29,026.00
1-Yr. Sales Growth: 14.9%
Employees: 105,129
Revenue per employee: $276,098.89

 KEY PEOPLE
• Kurt Hellström
    CEO
• Sten Fornell
    CFO

 CONTACT INFO
Telefon AB LM Ericsson
SE-126 25 Stockholm, Sweden
Phone: 46-8-719-0000
Fax: 46-8-719-1976
Online: Web Site

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