# Ericsson

> Ericsson is a Swedish telecommunications and networking company, founded in 1876, that builds the mobile network infrastructure behind much of the world's cellular traffic. It supplies 5G radio, transport, cloud software and managed services to more than 100 operators across roughly 180 countries, and through acquisitions like Cradlepoint and Vonage it is pushing beyond carrier gear into enterprise wireless and programmable network APIs.

- **Founded:** 1876
- **Headquarters:** Kista, Stockholm, Sweden
- **Founders:** Lars Magnus Ericsson (Founder)
- **Team size:** Approximately 89,000 employees (2025)
- **Products:** Networks (Radio Access Network), Cloud Software and Services, Enterprise Wireless Solutions / Cradlepoint, Vonage / Network APIs, Red Bee Media
- **Notable:** Helped found 3GPP in 1999 and contributed 80,000+ technical inputs shaping cellular standards from 2G to 5G, Holds one of the industry's largest 5G patent portfolios (60,000+ granted patents), Supplies 5G equipment to more than 100 operators across roughly 180 countries

## Products & services

- **Networks (Radio Access Network)** — 5G and 4G radio hardware, basebands, antennas and mobile transport - the core carrier equipment that operators deploy to run cellular networks.
- **Cloud Software and Services** — Cloud-native core network software, orchestration, OSS/BSS and managed services that operators use to run and monetize their networks.
- **Enterprise Wireless Solutions / Cradlepoint** — Wireless WAN routers, adapters, NetCloud management software and private 5G for businesses, following the 2020 Cradlepoint acquisition.
- **Vonage / Network APIs** — Cloud communications platform (CPaaS) and programmable network APIs that let developers embed calling, messaging and network capabilities into applications.
- **Red Bee Media** — Broadcast and media services including playout, access services and streaming infrastructure for broadcasters.

## Achievements

- Helped found 3GPP in 1999 and contributed 80,000+ technical inputs shaping cellular standards from 2G to 5G
- Holds one of the industry's largest 5G patent portfolios (60,000+ granted patents)
- Supplies 5G equipment to more than 100 operators across roughly 180 countries
- Introduced the world's first fully automatic mobile telephone system (MTA) in 1956
- Built the AXE digital telephone exchange, one of the most widely deployed switching systems in history
- Completed its largest-ever acquisition, the $6.2B purchase of Vonage, in 2022

## Latest updates

- **2026-08** — In Börje Ekholm's final quarterly results, revenue fell about 6% to roughly SEK 52.7 billion and the company warned of future price rises as AI-driven demand pushes up the cost of custom chips.
- **2026-05** — Ericsson named Per Narvinger, a company insider since 1997, as CEO effective October 1, 2026, with Ekholm stepping down after nine years.
- **2026-05** — Announced plans to relocate its Stockholm headquarters and about 8,500 employees from Kista to Hagastaden, with the multi-year move beginning around 2028.

## Links

- Website: https://www.ericsson.com
- LinkedIn: https://www.linkedin.com/company/ericsson
- Twitter/X: https://x.com/ericsson
- GitHub: https://github.com/EricssonResearch
- YouTube: https://www.youtube.com/ericsson
- Instagram: https://www.instagram.com/ericsson/
- Facebook: https://www.facebook.com/ericsson

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Profile page: https://yespress.io/ericsson
Published by YesPress — https://yespress.io
Last updated: 2026-08-06
