Telefonaktiebolaget LM Ericsson

Company Overview

Telefonaktiebolaget LM Ericsson is a provider of information and communication technology (ICT). The company enables the full value of connectivity by creating technology and services that are easy to use, adapt and scale, making the customers successful in a fully connected world. The company develops, delivers and manages telecommunication networks by providing hardware, software and services to enable the full value of connectivity. From 5G and IoT to virtualization, the company supports digital transformation for the next generation of mobile services.

The company operates in four business sectors. The Networks segment offers multi-technology-capable Radio Access Network (RAN) solutions for all network spectrum bands, including integrated high-performing hardware and software. The Cloud Software and Services segment provides solutions for core networks, business and operational support systems, network design and optimization, and network managed services. The Enterprise segment is comprised of three business areas, offering solutions primarily to enterprises. The fourth business segment is the others. The company operates across Europe, Latin America, North America, Southeast Asia, Oceania and India, North-East Asia, Middle East and Africa.

Ericsson Antenna System, an integral part of Ericsson Radio System, provides a full range of high-quality products for antennas (active and passive), antenna line devices, antenna system accessories, and feeder system areas.

Financial Highlights (FY 2024)

Company's Business Segments

• Networks : This segment provides multi-technology-capable Radio Access Network (RAN) solutions for every network spectrum band, including purpose-built and Open RAN-prepared high-performance hardware and software.
• Cloud Software and Services : This segment provides solutions for core networks, business and operational support systems, network design and optimization, and managed network services.
• Enterprise : This segment includes three business areas offering solutions basically to enterprises: Enterprise Wireless Solutions; Global Communications Platform (Vonage); and Technologies and New Businesses.
• Other : This segment offers media businesses and other non-allocated businesses, such as Redbee Media, which prepares and distributes live and on-demand video services for broadcasters, sports leagues, and CSPs.