Ericsson

History:

A global heavyweight, LM Ericsson manages 1,000 networks in 140 countries, and almost 40 percent of all mobile calls are being made through their network. The company traces its origin to Lars Magnus Ericsson, who founded a telegraph equipment repairing shop in 1876. Telefonaktiebolaget LM Ericsson is the parent company.

Activities:

LM Ericsson is a global telecommunication giant. It deals in communication systems and related equipment, and its joint venture with Sony makes it one of the best selling ranges of mobile phones. Together they are called Sony Ericsson Mobile Communications. The business of LM Ericsson can be segmented as-

Wireline systems:

The Company is a leading supplier of broadband multi-service communications equipment and services to fixed network operators.

Mobile Systems:

A strong force to reckon with, the company’s focus on R&D ensures its position of the market leader. LM Ericsson specializes both in the 2G mobile standards as well as the three primary 3G standards – WCDMA, EDGE and CDMA2000.

Transmission and transport:

LM Ericsson has at its disposal strong transportation system; it provides business solutions for mobile, fixed and other types of networks. The company is the largest supplier of microwave radio links in the world. Service layer: The Company is a market leader in the areas that deals with services that combine voice, data and images.

Services:

The Company is also known for its expertise in consulting, systems integration, network deployment and optimization, education and technical support services and managed services.

Performance:

LM Ericsson reported annual sales to the tune of $19,083.9 million and net income of $3,079.0 million in 2005. The company’s performance over the last two Fiscal years:

Corporate Address: Postal Address: Torshamnsgatan 23, Kista, SE-164 83 Stockholm, Sweden Telephone: +46-8-719-0000 Fax: +46-8-18-40-85 Website: < www.ericsson.com

Organization:

LM Ericsson is headed by Mr. M. Treschow, the Chairman of the company. Mr Carl-Henric Svanberg is the company President, CEO, and Director. LM Ericsson had an employee count of 56,055 in 2005.

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