Ericsson, also known as Telefonaktiebolaget LM Ericsson (publ), is a Publicly Owned company headquartered in Sweden. Founded in 1876 and employing approximately 135,910 individuals, the company reported $24.2B in revenue as of 2025. Ericsson specializes in telecoms network infrastructure.
On May 2, Ericsson underscored the transformative role of advanced connectivity, artificial intelligence (AI), and 5G in accelerating Pakistan’s digital economy. The company shared this perspective at the inaugural EU–Pakistan Business Forum 2026 in Islamabad, a two-day event that brought together government officials, global technology leaders, investors, and industry stakeholders to explore investment, innovation, and deeper economic cooperation between Pakistan and the European Union. Previously, on May 1, Costa Rica's Instituto Costarricense de Electricidad (ICE) awarded Ericsson a $220 million contract for a 5G network. Earlier the same day, Ericsson discussed plans to expand its manufacturing footprint and increase research and development investments in India with Telecom Minister Jyotiraditya Scindia. The company currently manufactures and exports 5G gear from India.
Ericsson offers 15 products in the telecoms tech industry. Ericsson's product portfolio comprises of bSS/OSS, telecoms network infrastructure and enterprise security.
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Ericsson's revenues were $24.2B in 2025. Caretta Research has split Ericsson's revenue into 10 different product categories, the largest of which is telecoms network services and systems integration, which represents 100% of Ericsson's revenue.
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Ericsson's customers primarily consist of telecoms companies. Examples of Ericsson's customers include Telstra, AT&T and Vodafone. Ericsson has commercial and technical partners like Dell Technologies, Vodafone and Huawei. Examples of Ericsson's suppliers include Telstra, Imagine Communications and Telestream.
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