Ericsson Mobile sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, 3G, 4G, and 5G equipment, and Internet Protocol and optical transport systems.
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Ericsson Mobile has been a major contributor to the development of the telecommunications industry and is one of the leaders in 5G.
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Company was founded in 1876 by Lars Magnus Ericsson Mobile and is jointly controlled by the Wallenberg family through its holding company Investor AB, and the universal bank Handelsbanken through its investment company Industrivarden.
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Lars Magnus Ericsson Mobile began his association with telephones in his youth as an instrument maker.
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Ericsson Mobile worked for a firm that made telegraph equipment for the Swedish government agency Telegrafverket.
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Ericsson Mobile ignored the growth of automatic telephony in the United States and concentrated on manual exchange designs.
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Telephones of this period had a simpler design and finish, and many of the early automatic desk telephones in Ericsson Mobile's catalogues were magneto styles with a dial on the front and appropriate changes to the electronics.
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Ericsson Mobile was saved from bankruptcy and closure with the help of banks including Stockholms Enskilda Bank and other Swedish investment banks controlled by the Wallenberg family, and some Swedish government backing.
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Ericsson Mobile obtained some leases, which represented further sales of equipment to the growing networks.
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Ericsson Mobile got almost one-third of its sales under the control of its telephone operating companies.
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Ericsson Mobile crossbar switching equipment was used in telephone administrations in many countries.
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Ericsson Mobile pushed hard for the WCDMA form based on the GSM standard and began testing it in 1996.
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Ericsson Mobile telephones became a burden; the company's telephones unit made a loss of SEK 24 billion in 2000.
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Ericsson Mobile was working on ways to improve WCDMA as operators were buying and rolling it out; it was the first generation of 3G access.
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In December 1999, Microsoftand Ericsson announced a strategic partnership to combine the former's web browser and server software with the latter's mobile-internet technologies.
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In September 2001, Ericsson Mobile purchased the remaining shares in EHPT from Hewlett Packard.
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Ericsson Mobile was an official backer in the 2005 launch of the.
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Co-operation with Hewlett-Packard did not end with EHPT; in 2003 Ericsson Mobile outsourced its IT to HP, which included Managed Services, Help Desk Support, Data Center Operations, and HP Utility Data Center.
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In October 2005, Ericsson Mobile acquired the bulk of the troubled UK telecommunications manufacturer Marconi Company, including its brand name that dates back to the creation of the original Marconi Company by the "father of radio" Guglielmo Marconi.
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In September 2006, Ericsson Mobile sold the greater part of its defense business Ericsson Mobile Microwave Systems, which mainly produced sensor and radar systems, to Saab AB, which renamed the company to Saab Microwave Systems.
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In 2007, Ericsson Mobile acquired carrier edge-router maker Redback Networks, and then Entrisphere, a US-based company providing fiber-access technology.
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In 2008, Ericsson Mobile sold its enterprise PBX division to Aastra Technologies, and acquired Tandberg Television, the television technology division of Norwegian company Tandberg.
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On 3 May 2013, Ericsson Mobile announced it would divest its power cable operations to Danish company NKT Holding.
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On 1 July 2013, Ericsson Mobile announced it would acquire the media management company Red Bee Media, subject to regulatory approval.
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In September 2013, Ericsson Mobile completed its acquisition of Microsoft's Mediaroom business and televisions services, originally announced in April the same year.
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In September 2014, Ericsson Mobile acquired majority stake in Apcera for cloud policy compliance.
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In October 2015, Ericsson Mobile completed the acquisition of Envivio, a software encoding company.
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On 20 June 2017, Bloomberg disclosed that Ericsson Mobile hired Morgan Stanley to explore the sale of its media businesses.
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In February 2018, Ericsson acquired the location-based mobile data management platform Placecast.
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In September 2020, Ericsson Mobile acquired US-based carrier equipment manufacturer Cradlepoint for $1.
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In November 2021, Ericsson Mobile announced it had reached an agreement to acquire Vonage for $6.
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Ericsson Mobile holds research co-operations within several European research programs such as GigaWam and OASE.
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The hub focuses on the benefits that Ericsson Mobile Cloud RAN and Intel technology can bring to: improving energy efficiency and network performance, reducing time to market, and monetizing new business opportunities such as enterprise applications.
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Ericsson Mobile's business includes technology research, development, network systems and software development, and running operations for telecom service providers.
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Ericsson Mobile has announced m-commerce deals with Western Union and African wireless carrier MTN.
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Sony Ericsson Mobile Communications AB was a joint venture with Sony that merged the previous mobile telephone operations of both companies.
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Sony Ericsson Mobile was responsible for product design and development, marketing, sales, distribution and customer services.
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Ericsson Mobile admitted to paying bribes, falsifying books and records and failing to implement reasonable internal accounting controls in an attempt to strengthen its position in the telecommunications industry.
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Leak revealed that some subcontractors working on behalf of Ericsson Mobile paid bribes to the Islamic State in order to continue operating the telecom network in occupied regions of Iraq.
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