Company

Telefonaktiebolaget LM Ericsson

Headquarters: Stockholm, Sweden

Founded: Stockholm, Sweden 1876

Employees: 100,454

CEO: Mr. E. Borje Ekholm MBA, MSc

Market Cap

kr210.34 Billion

SEK as of Jan. 1, 2024

US$20.89 Billion

history Market Cap History

Telefonaktiebolaget LM Ericsson market capitalization over time

Evolution of Telefonaktiebolaget LM Ericsson market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Telefonaktiebolaget LM Ericsson

Detailed Description

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses comprising Internet of Things; iconectiv; Cradlepoint that offers wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

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Product & Services

Mobile and fixed broadband networks, consultancy and managed services, TV and multimedia technology

Key People

Founder(s): Lars Magnus Ericsson

Ronnie Leten (Chairman) Börje Ekholm (President and CEO (Chief Executive Officer))

Financials

Revenue: 232.314 billion kr (2021)

Operating income: 31.780 billion kr (2021)

Net income: 22.980 billion kr (2021)


Total assets: 305.614 billion kr (2021)

Total equity: 107.099 billion kr (2021)

Details

Headquarters:

Torshamnsgatan 21

Kista

Stockholm, 164 83

Sweden

Phone: 46 1 07 19 00 00