ERIC-A 📈 Telefonaktiebolaget LM - Overview

Telefonaktiebolaget LM Ericsson, a multinational networking and telecommunications company, delivers a wide range of mobile connectivity solutions to telecom operators and enterprise customers across various sectors globally, including North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. The company's operations are divided into four key segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment is focused on providing radio access network solutions that cater to different network spectrum bands, offering both purpose-built and open RAN-prepared hardware and software. Additionally, this segment provides cloud RAN, transport solutions, passive and active antennas, and a comprehensive range of service portfolios that cover network deployment and support, enabling telecom operators to build and maintain efficient and reliable networks.

The Cloud Software and Services segment is geared towards offering core networks, business and operational support systems, network design and optimization, and managed network services. This enables telecom operators to manage their networks more effectively, improve customer experience, and reduce operational costs. The Enterprise segment, on the other hand, provides a global communications platform that includes cloud-based unified communications as a service, contact center as a service, and communications platform as a service. It also offers enterprise wireless solutions, comprising private wireless networks and wireless WAN pre-packaged solutions, as well as technologies and new business solutions such as mobile financial services, security solutions, and advertising services, catering to the diverse needs of enterprises.

The Other segment includes Redbee media, which specializes in preparing and distributing live and video services for broadcasters, sports leagues, and communications service providers. The company's services are offered through a network of wholesalers and distributors, ensuring wide reach and accessibility. With a rich history dating back to 1876, Telefonaktiebolaget LM Ericsson has evolved significantly over the years, with a name change from Allmanna Telefon AB LM Ericsson to Telefonaktiebolaget LM Ericsson in January 1926. Headquartered in Stockholm, Sweden, the company is listed with the ISIN SE0000108649 and is classified as a common stock under the GICS Sub Industry of Consumer Electronics. For more information, visit https://www.ericsson.com.