Ericsson (NASDAQ:ERIC) is a Swedish multinational networking and telecommunications company founded in 1876 by Lars Magnus Ericsson. Headquartered in Stockholm, the company has evolved from a telegraph repair shop into a global leader in communications technology. Ericsson is publicly traded on the Nasdaq Stockholm and the Nasdaq in the U.S. under the symbol ERIC.
The company’s core business encompasses the design, development and deployment of mobile and fixed network infrastructure. Ericsson supplies hardware and software for 5G and 4G networks, radio access networks (RAN), core network solutions, transport and optical networks, as well as cloud-native platforms. In addition, it offers digital services such as network virtualization, IoT platforms, charging and policy management, and managed services to help operators optimize and automate their network operations.
With operations in more than 180 countries, Ericsson serves major telecom operators across Europe, the Middle East, Africa, Asia-Pacific, Latin America and North America. Its equipment and services support leading providers such as Verizon, AT&T, T-Mobile, Vodafone and China Mobile. The company also collaborates with ecosystem partners, enterprises and public-sector organizations to enable private wireless networks and industry-specific IoT deployments.
Under the leadership of President and CEO Börje Ekholm, who took the helm in January 2017, Ericsson employs roughly 100,000 people worldwide. The board of directors is chaired by Leif Johansson, and the company maintains a global organizational structure with regional and market-focused teams to address evolving customer needs. Ericsson continues to invest in research and development, with a focus on expanding its 5G portfolio and exploring next-generation technologies such as 6G.
