Telefonaktiebolaget LM EricssonStockholm, Sweden (NASDAQ (GS): ERICY)

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Ericsson Company Description

Ericsson opens all lines of communication. The world's leading maker of mobile broadband infrastructure provides the equipment that telecom service providers use to build and expand networks. The company also provides wireline broadband, metro-area Ethernet, and optical transport equipment. Ericsson's joint venture with Sony, Sony Ericsson Mobile Communications, ranks among the top providers of mobile handsets. The company is controlled by two groups: Investor AB, the investment vehicle for the Wallenberg family, and AB Industrivärden, which control 19% and 13% of the voting power respectively.

View the Comprehensive Company Description for Ericsson

The Company Description provides a historical perspective of Ericsson's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Ericsson's evolution in the marketplace.

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