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Company Overview

Business Description

Sector
Information Technology
Industry
Communications
Headquarters
Sweden SE
Employees
101 067
IPO date
Jan 1, 2008

Ericsson makes the equipment and software that mobile networks need to work. Its main products include radio gear for cell towers, core network software, transport systems, and network management tools that help carriers build and run 4G and 5G networks. It also sells services such as network design, deployment, and ongoing support.

Its main customers are mobile network operators and, in some cases, large enterprises and government customers that need private wireless networks or communications infrastructure. Ericsson makes money by selling hardware, software licenses, maintenance, and service contracts. It also earns from licensing technology and patents that other companies use in mobile communications.

What makes Ericsson’s business different is that it sits in the middle of the wireless industry’s infrastructure layer. It does not sell to everyday consumers; it sells the systems that let carriers connect them. That makes Ericsson a key supplier to the telecom industry, where long-term customer relationships, technical standards, and network reliability matter more than flashy consumer branding.

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Business Segments

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Networks

This is Ericsson’s main mobile and fixed network business. It provides radio equipment, antennas, transport gear, and related software that let telecom networks carry voice, data, and internet traffic.

Customers

Mobile network operators and telecom companies that build and run public networks for consumers and businesses.

Revenue Model

Ericsson sells network hardware, software licenses, updates, and support services, often through large project and service contracts.

Cloud Software and Services

This segment provides software and managed services that help operators run their networks and billing systems. It includes tools for network control, automation, and service delivery.

Customers

Telecom operators and communication service providers that want to manage network operations with Ericsson’s software and outsourced services.

Revenue Model

Ericsson earns money from software licenses, subscription-style service agreements, integration work, and managed service contracts.

Enterprise

This segment sells private network and communications products for businesses and public organizations. It includes solutions for factories, ports, campuses, and other sites that need their own secure wireless networks.

Customers

Companies, factories, universities, governments, and system integrators that need private wireless and enterprise connectivity solutions.

Revenue Model

Ericsson makes money by selling private network equipment, software, and related services directly or through channel partners.

Management

Mr. E. Borje Ekholm MBA, MSc

President, CEO, Head of Segment Enterprise & Director

Biography unavailable

Mr. Fredrik Jejdling

Executive VP, Head of Business Area Network & Head of Segment Networks

Biography unavailable

Mr. Lars Sandstrom M.Sc.

Senior VP & CFO

Biography unavailable

Mr. Chris Houghton

Senior VP, COO and Head of Business Area Technology & New Businesses

Biography unavailable

Ms. Eva-Britt Allenius

Chief Accounting Officer

Biography unavailable

Mr. Erik Ekudden

Senior VP, CTO & Head of Group Function Technology

Biography unavailable

Daniel Morris

Head of Investor Relations

Biography unavailable

Mr. Scott Dresser

Former Senior VP, Chief Legal Officer, Head of Group Function Legal Affairs and Secretary

Biography unavailable

Ms. Rebecca Rohr

Chief Compliance Officer

Biography unavailable

Peter Olofsson

Head of Corporate Communications

Biography unavailable

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