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.

2024 Revenue

Founded

1876

Headcount

135,906

Headquarters

Sweden

Primary Segment

Telecoms network infrastructure

Ownership

Publicly Owned

Deployments

30

News Summary:

Ericsson, Red Hat, HPE, and Intel completed a 5G Cloud RAN call using an HPE ProLiant server and Intel Xeon 6 SoC on Red Hat OpenShift. Ericsson also announced an intent to collaborate with Supermicro to accelerate Edge AI deployment. Separately, Ericsson achieved Level 4 autonomy certification from TM Forum, a global first in a telecom scenario, in collaboration with TDC NET. Another announcement detailed a successful 5G Cloud RAN call using an HPE ProLiant Compute DL110 Gen12 server and Intel Xeon 6 SoC. Note that a market study by HTF MI on the global Next Generation OSS and BSS market was released, covering the market's scope and prognosis from 2025-2032.

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Ericsson offers products in the telecoms tech industry. Ericsson's product portfolio comprises of telecoms network infrastructure.
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Ericsson's revenues were $23.5B in 2024. All the revenue comes from telecoms network services and systems integration.
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Ericsson's customers primarily consist of telecoms services and telecoms companies. Examples of Ericsson's customers include AT&T, Telstra and Vodafone. Ericsson has commercial and technical partners like Dell Technologies, Huawei and Vodafone. Examples of Ericsson's suppliers include Telestream, MainConcept and Telstra.

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