Ericsson, also known as Telefonaktiebolaget LM Ericsson (publ), is a publicly owned Swedish multinational company founded in 1876. Its primary business is the provision of telecommunications network infrastructure. As of 2024, Ericsson employs over 135,910 people and generates annual revenues exceeding $1 billion. Its headquarters are located in Sweden.
Ericsson announced on July 3rd that a non-cash impairment charge of 11.4 billion Swedish crowns (approximately S$1.5 billion) would be recorded. Later, Ericsson expected to record an impairment charge of nearly US$3 billion in the third quarter, citing higher interest rates and a slowdown in the Vonage business. The company also announced the opening of a new office in Hanoi, Vietnam on an unspecified date, further strengthening its presence in the country. Finally, on September 2025, Nanna Nelson was appointed Head of People North Europe EMEA, overseeing HR operations across 15 countries and more than 11,500 employees. Shareholders should note that Ericsson stock will soon trade ex-dividend; the exact date was not specified, but it is typically two business days before the record date.
Ericsson offers 2 products in the telecoms tech industry. Ericsson's product portfolio comprises of telecoms network infrastructure and enterprise and telecoms software.
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Ericsson's revenues were $23.5B in 2024. Caretta Research has split Ericsson's revenue into 2 different product categories, the largest of which is telecoms network orchestration, which represents 51% of Ericsson's revenue.
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Ericsson's customers primarily consist of telecoms and telecoms services companies. Examples of Ericsson's customers include Telstra, AT&T and Vodafone. Ericsson has commercial and technical partners like Dell Technologies, Vodafone and Huawei. Examples of Ericsson's suppliers include Imagine Communications, Telestream and Telstra.
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