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

29

News Summary:

Vislink Technologies Inc. joined Ericsson’s Enterprise Wireless Solutions Industry 4.0 Partner Program on an unspecified date, allowing them to offer 5G and LTE network solutions for private cellular networks. Ericsson provided support to Odido, resulting in Odido achieving the top 5G network rating in the Netherlands across 14 Opensignal categories. A patent licensing dispute between Ericsson and an unnamed party reached a partial settlement on an unspecified date; financial effects are anticipated from the second quarter of 2025. The remaining dispute will be resolved through arbitration.

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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 pay TV services and telecoms companies. Examples of Ericsson's customers include Vodafone, AT&T and e&. Ericsson has commercial and technical partners like Huawei, Dell Technologies and Vodafone. Examples of Ericsson's suppliers include Telestream, Telstra and MainConcept.

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