XNAS
ERIC
Market cap33bUSD
Sep 17, Last price
10.29USD
1D
2.59%
1Q
-9.58%
Jan 2017
76.50%
IPO
-10.13%
Name
Telefonaktiebolaget LM Ericsson
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Profile
Telefonaktiebolaget LM Ericsson (publ), a company founded in 1876 and based in Stockholm, Sweden, provides essential communication infrastructure, software, and comprehensive services to the global telecommunications industry and various other sectors. Its extensive operations are organized into four primary divisions. The Networks segment is responsible for delivering advanced radio access network technologies, incorporating integrated high-performance hardware and software compatible with diverse network spectrums. This division further offers integrated antenna and transport solutions, along with a full spectrum of services encompassing network deployment and continuous operational support. Ericsson's Digital Services segment specializes in software-centric solutions critical for business support systems, operational support systems, sophisticated communication services, core network functions, and cloud infrastructure management. The Managed Services segment is dedicated to assisting telecom operators, providing expertise in network and IT management, network design and optimization, and application development and maintenance. Finally, the Emerging Business and Other segment focuses on developing innovative ventures, such as Internet of Things (IoT) solutions, iconectiv, and Cradlepoint, which delivers 4G and 5G wireless edge wide-area network solutions for enterprises. This division also includes Red Bee Media, MediaKind, and various other burgeoning initiatives. The company boasts a significant global footprint, conducting business throughout North America, Europe and Latin America, the Middle East and Africa, Southeast Asia, Oceania, India, and Northeast Asia.
Related entities
Subsidiaries (39)
ERICSSON TELECOMUNICAZIONI - SOCIETA' PER AZIONI
L.M. ERICSSON LIMITED
LM ERICSSON ISRAEL LTD
Oy L M Ericsson Ab
VONAGE AMERICA LLC
Vonage B.V.
VONAGE BUSINESS INC.
VONAGE BUSINESS LIMITED
ERICSSON AUSTRALIA PTY LTD
Ericsson Credit AB
ERICSSON GMBH
ERICSSON JAPAN K.K.
Ericsson Limited
ERICSSON NETWORK SERVICES S.L
ERICSSON TELECOMMUNICATIONS PTE LTD
ERICSSON TELEKOMMUNIKATION GMBH
ERICSSON TELEVISION LIMITED
ICONECTIV, LLC
Key people
Non-Executive Independent Chairman of the Board · since 2023
President, Chief Executive Officer, Executive Director, Head - Segment Enterprise · since 2022
Deputy Chairman of the Board · since 2011
Chris Houghton
Senior Vice President, Chief Operating Officer, Business Area Technology and New Businesses · since 2023
Per Narvinger
Executive Vice President, Head - Business Area Networks · since 2025
Yossi Cohen
Senior Vice President - Market Area, North America and Head - Market Area North America · since 2024
Senior Vice President, Chief Legal Officer, Secretary of the Board of Directors, Head - Group Function Legal Affairs and Compliance · since 2022
Niklas Heuveldop
Senior Vice President - Business Area Global Communications Platform, Head of Business Area Global Communications Platform and Chief Executive Officer of Vonage · since 2024
Patrick Johansson
Senior Vice President - Market Area Middle East and Africa, Head - Market Area Middle East and Africa · since 2024
Charlotte Levert
Chief People Officer, Senior Vice President, Head - Group Function People · since 2025
Jenny Lindqvist
Senior Vice President, Head - Business Area Cloud Software and Services · since 2025
Stella Medlicott
Senior Vice President, Chief Marketing and Communications Officer and Head of Group Function Marketing & Corporate Relations · since 2019
Chafic Nassif
Senior Vice President - Market Area North East Asia, Head - Market Area North East Asia · since 2024
Chief Financial Officer, Senior Vice President, Head of Group Function Finance · since 2024
Asa Tamsons
Senior Vice President - Business Area Enterprise Wireless Solutions, Chief Executive Officer of Cradlepoint, Head of Business Area Enterprise Wireless Solutions · since 2023
Andres Vicente
Senior Vice President - Market Area South East Asia, Oceania and India, Head - Market Area South East Asia, Oceania and India · since 2024
Erik Ekudden
Senior Vice President, Chief Technology Officer, Head of Group Function Technology · since 2018
Loredana Roslund
Director - Deputy Employee Representative · since 2017
Non-Executive Director · since 2024
Ulf Rosberg
Non-Executive Director, Employee Representative · since 2023
Headquarters & legal address
Torshamnsgatan 21
Stockholm, AB 164 83
SE
Stockholm, AB 164 83
SE
Valuation
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