- Business
- Telefonaktiebolaget LM Ericsson (publ) (Ericsson) provides telecommunications equipment, software, networks and services to mobile and fixed network operators, communications service providers, enterprises and governments worldwide. Founded in 1876 and headquartered in Stockholm, Sweden, the company operates in over 180 countries with approximately 90,000 employees and focuses on enabling the full value of connectivity through its segments of Networks, Cloud Software & Services, Enterprise and Others; core offerings include the Ericsson Radio System and Cloud RAN for radio access networks, multi-technology RAN solutions across spectrum bands, Cloud Core networks with communication services UDM and exposure functions, business and operations support systems (BSS/OSS), cognitive network solutions, network management and automation platforms such as Ericsson Intelligent Automation Platform and Network IQ Statistics, managed network services including operations optimization and energy infrastructure, security and risk management tools like Telecom Intrusion Detection System, 5G Standalone networks with network slicing, IoT connectivity platforms and software, edge computing for low-latency processing, digital BSS for customer engagement, and private networks with fixed wireless access. Geographically, Ericsson maintains significant presence in Europe, Middle East and Africa (headquarters region with major R&D), North America, North East Asia, South East Asia, Oceania and India, Latin America; recent major developments include the June 2025 launch of Ericsson On-Demand, a SaaS platform for core network services developed with Google Cloud to support programmable networks and 5G Advanced with 130 new radios, a USD 3 billion three-year partnership with Export Development Canada (EDC) announced in October 2025 to advance 5G technology, supply chain expansion and global projects including a prior CAD 638.4 million five-year R&D deal with the Canadian government, completion in July 2025 of equity investments by twelve communications service providers into its subsidiary Aduna establishing a 50:50 joint venture for network APIs, and share acquisition programs in May 2025 for Long-Term Variable Compensation (LTV 2025 and LTV 2024) involving 23.1 million C shares to finance employee incentives.