Telefonaktiebolaget LM Ericsson - Company Profile
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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 primary 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.
Telefonaktiebolaget LM Ericsson premium industry data and analytics
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 |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, the company and Etihad Etisalat expanded their managed services agreement for a further three years to support next-generation Artificial Intelligence and Machine Learning for autonomous operations. |
2024 | Contracts/Agreements | In March, the company and Elisa entered into a partnership to unveil a 5G standalone network, introducing cutting-edge mobile connectivity to Finland. |
2024 | Contracts/Agreements | In March, the company entered into an agreement with Advanced Communications and Electronics Systems under which ACES will offer cutting-edge Ericsson indoor products to multiple communications service providers. |
Competitor Comparison
Key Parameters | Telefonaktiebolaget LM Ericsson | Accenture Plc | International Business Machines Corp | Cisco Systems Inc | HP Inc |
---|---|---|---|---|---|
Headquarters | Sweden | Ireland | United States of America | United States of America | United States of America |
City | Stockholm | Dublin | Armonk | San Jose | Palo Alto |
State/Province | - | - | New York | California | California |
No. of Employees | 99,003 | 733,000 | 305,300 | 84,900 | 58,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jan Carlson | Chairman | Executive Board | 2023 | 63 |
Borje Ekholm | Director; President; Chief Executive Officer | Executive Board | 2017 | 60 |
Carl Mellander | Head - Group Function Finance and Common Functions; Chief Financial Officer; Senior Vice President | Senior Management | 2017 | 59 |
Chris Houghton | Chief Operating Officer; Senior Vice President; Head - Market Area North East Asia; Head - Business Area Technology and New Businesses | Senior Management | 2023 | 57 |
Erik Ekudden | Senior Vice President; Head - Group Function Technology; Chief Technology Officer | Senior Management | 2018 | 55 |
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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