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
Telefonaktiebolaget LM Ericsson Categories
Sweden Technology Communication EquipmentSweden Technology Sweden Communication Equipment
Top Competitors by Market Capitalization
Industry: Communication Equipment
| Company | Market Cap (USD) |
|---|---|
| Cisco | $205.21 B |
| Motorola Solutions | $51.78 B |
| Foxconn Industrial Internet Co. Ltd | $38.82 B |
| Hewlett Packard Enterprise Company | $22.15 B |
| Nokia Corporation | $19.42 B |
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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Stocks & Indices
Telefonaktiebolaget LM Ericsson has the following listings and related stock indices.
Stock: OMX: ERIC.B wb_incandescent
Stock: OMX: ERIC.A wb_incandescent
Stock: FSX: ERCG wb_incandescent
Stock: XETR: ERCB wb_incandescent
Stock: XETR: ERCG wb_incandescent
Stock: XETR: ERCA wb_incandescent
Stock: FSX: ERCA wb_incandescent
Stock: NASDAQ: ERIC wb_incandescent
Stock: OMXH: ERIBR wb_incandescent
Stock: FSX: ERCB wb_incandescent
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)