Ericsson, legally Telefonaktiebolaget LM Ericsson, is a Swedish multinational telecommunications and networking equipment company founded in 1876 and headquartered in Kista, Stockholm. It is one of the world's leading suppliers of mobile network infrastructure and a major player in 5G radio access networks, with operations spanning more than 180 countries. The company employed about 89,000 people in 2025 and reported full-year 2025 net sales of SEK 236.681 billion.
The company is listed on Nasdaq Stockholm (ERIC B) and on the Nasdaq exchange in the United States (ERIC), with a market capitalization of roughly 31.62 billion US dollars as of July 22, 2026. It is chaired by Jan Carlson, with Borje Ekholm serving as President and CEO and Lars Sandstrom as Chief Financial Officer. Ericsson is majority-controlled by the Wallenberg family through Investor AB and by Industrivarden in terms of voting rights.
In India, Ericsson operates through Ericsson India Private Limited and related entities, led by Managing Director Nitin Bansal. Its India footprint includes a main office in Gurugram, a registered office in New Delhi, and research and development centers in Bengaluru and Chennai, plus manufacturing in Pune with partner Jabil. India serves as both a large market and a significant engineering and 5G development base for the group.