Ericsson

Ericsson is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company was founded in 1876 by Lars Magnus Ericsson. Initially, it sold telegraph equipment and later diversified into telephony and radio systems. Today, Ericsson is a global leader in delivering ICT solutions.

Industry

Telecommunications

Company Size

With a workforce exceeding 104,931 employees, the company boasts a vast talent pool committed to digital innovation.

Product, Services and Operations

Ericsson provides services, software and infrastructure in information and communications technology for telecommunications operators, traditional telecommunications and IP networking equipment, mobile and fixed broadband, operations and business support services, cable TV, IPTV, video systems, and an extensive services operation.

Funding Details

Being a publicly traded company, Ericsson's funding comes from its operations and investors who buy shares of the company.

Acquisitions

Ericsson has made several acquisitions over the years, including Redback Networks, Entrisphere, Tandberg Television, Nortel's North American GSM business, and more recently Cradlepoint.

Awards and Achievements

Ericsson has received numerous awards and recognitions, including being ranked 13th in the Wall Street Journal's 100 Global Innovators list and receiving the GSMA's "Outstanding Contribution to the Mobile Industry" award in 2019. Please note that all the information provided is based on the latest available data and may vary with time.