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ERIC
LM Ericsson Telephone Company

5/27/2012, 7:57 PM ET
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ERIC Market Currents more »
  • Friday 12:52 PM Mobile devices now make up 20.2% of U.S. web traffic, according to ad network Chitika - smartphones account for 14.6%, and tablets, which are seeing traffic grow especially quickly, make up 5.6%. Such growth, which AT&T (T) and Verizon (VZ) claim justifies their spectrum-purchase attempts, begs the question of how long carriers can maintain their muted capex spending - infrastructure providers such as ERIC, ALU, JNPR, FFIV, ALLT and PKT badly hope there's a pickup. (also) [Tech]
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Company Description

As the world’s largest supplier of network equipment and related services to telecom operators, Ericsson has over 78,000 employees and customers in more than 175 countries. Innovation, technology leadership and sustainable business solutions advance a vision to be the prime driver in an... More

Sector: Technology
Country: Sweden