Telefonaktiebolaget LM Ericsson - Company Profile

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Telefonaktiebolaget LM Ericsson: Overview

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Telefonaktiebolaget LM Ericsson (Ericsson) is a provider of networking and telecommunications products and services. The company offers services, software, and infrastructure in the areas of mobility, broadband, and cloud. Ericsson's products and services assist telecom operators and other businesses improve operational efficiency. The company's offering includes network infrastructure for mobile and fixed communication, such as 2G, 3G, and 4G radio networks, and IP core and transport networks. Ericsson also offers learning services, support services, network roll-out, device and network testing, core and cloud consulting, and digital transformation consulting services. The company has business presence in Europe, North America, Asia-Pacific, Latin America, Africa and the Middle East. Ericsson is headquartered in Kista, Stockholm, Sweden.

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Headquarters Sweden

Address Torshamnsgatan 21, Kista, Stockholm, 16483


Telephone 46 10 7190000

No of Employees 99,140

Industry Technology and Communications

Ticker Symbol & Exchange ERIC B (STO)

Revenue (2022) $24.8B -3% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -241.2% (2022 vs 2021)

Market Cap* $20.7B

Net Profit Margin (2022) XYZ -245.5% (2022 vs 2021)

* As of and is in US$
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Telefonaktiebolaget LM Ericsson premium industry data and analytics

820+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

12+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Telefonaktiebolaget LM Ericsson (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for Telefonaktiebolaget LM Ericsson (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Telefonaktiebolaget LM Ericsson’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Communication Core Networks Learning Services Ericsson
Ericsson Radio System Support Services
Cloud Software Network Roll-Out
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In June, the company extended its partnership with O2 Telefonica to strengthen O2's network infrastructure for maintaining reliable and high-performance connectivity for O2's customers.
2024 New Products/Services In May, Ericsson India launched a new software toolkit.
2024 Contracts/Agreements In May, the company collaborated with Dell Technologies to develop simple and reliable Open RAN-based network cloud transformation strategies, using Dell and Ericsson integrated solutions and support.
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Competitor Comparison

Key Parameters Telefonaktiebolaget LM Ericsson Accenture Plc International Business Machines Corp Cisco Systems Inc Oracle Corp
Headquarters Sweden Ireland United States of America United States of America United States of America
City Stockholm Dublin Armonk San Jose Austin
State/Province - - New York California Texas
No. of Employees 99,140 733,000 305,300 84,900 164,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Jan Carlson Chairman Executive Board 2023 64
Borje Ekholm Director; Chief Executive Officer; President Executive Board 2017 61
Lars Sandstrom Chief Financial Officer; Senior Vice President Senior Management 2024 52
Chris Houghton Senior Vice President; Chief Operating Officer Senior Management 2023 58
Erik Ekudden Senior Vice President; Chief Technology Officer Senior Management 2018 56
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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