45 Facts About Ericsson

Ericsson 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.

Ericsson employs around 100, 000 people and operates in more than 180 countries.

Ericsson has been a major contributor to the development of the telecommunications industry and is one of the leaders in 5G.

Company was founded in 1876 by Lars Magnus Ericsson and is jointly controlled by the Wallenberg family through its holding company Investor AB, and the universal bank Handelsbanken through its investment company Industrivarden.

Lars Magnus Ericsson began his association with telephones in his youth as an instrument maker.

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Ericsson worked for a firm that made telegraph equipment for the Swedish government agency Telegrafverket.

Ericsson ignored the growth of automatic telephony in the United States and concentrated on manual exchange designs.

Telephones of this period had a simpler design and finish, and many of the early automatic desk telephones in Ericsson's catalogues were magneto styles with a dial on the front and appropriate changes to the electronics.

Ericsson 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.

Ericsson obtained some leases, which represented further sales of equipment to the growing networks.

Ericsson got almost one-third of its sales under the control of its telephone operating companies.

Ericsson introduced the world's first fully automatic mobile telephone system, MTA, in 1956.

Ericsson crossbar switching equipment was used in telephone administrations in many countries.

Ericsson pushed hard for the WCDMA form based on the GSM standard and began testing it in 1996.

Ericsson was a significant developer of the WCDMA version of GSM, while US-based chip developer Qualcomm promoted the alternative system CDMA2000, building on the popularity of CDMA in the US market.

Ericsson launched several rounds of restructuring, refinancing and job-cutting; during 2001, staff numbers fell from 107, 000 to 85, 000.

Ericsson was working on ways to improve WCDMA as operators were buying and rolling it out; it was the first generation of 3G access.

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.

In September 2001, Ericsson purchased the remaining shares in EHPT from Hewlett Packard.

Co-operation with Hewlett-Packard did not end with EHPT; in 2003 Ericsson outsourced its IT to HP, which included Managed Services, Help Desk Support, Data Center Operations, and HP Utility Data Center.

In October 2005, Ericsson 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.

In September 2006, Ericsson sold the greater part of its defense business Ericsson Microwave Systems, which mainly produced sensor and radar systems, to Saab AB, which renamed the company to Saab Microwave Systems.

In 2007, Ericsson acquired carrier edge-router maker Redback Networks, and then Entrisphere, a US-based company providing fiber-access technology.

In 2008, Ericsson sold its enterprise PBX division to Aastra Technologies, and acquired Tandberg Television, the television technology division of Norwegian company Tandberg.

In 2011, Ericsson acquired manufacturing and research facilities, and staff from the Guangdong Nortel Telecommunication Equipment Company as well as Nortel's Multiservice Switch business.

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Ericsson acquired U S company Telcordia Technologies in January 2012, an operations and business support systems company.

On 3 May 2013, Ericsson announced it would divest its power cable operations to Danish company NKT Holding.

On 1 July 2013, Ericsson announced it would acquire the media management company Red Bee Media, subject to regulatory approval.

In September 2013, Ericsson completed its acquisition of Microsoft's Mediaroom business and televisions services, originally announced in April the same year.

In September 2014, Ericsson acquired majority stake in Apcera for cloud policy compliance.

In October 2015, Ericsson completed the acquisition of Envivio, a software encoding company.

Approximately 2, 300 Ericpol employees joined Ericsson, bringing software development competence in radio, cloud, and IP.

On 20 June 2017, Bloomberg disclosed that Ericsson hired Morgan Stanley to explore the sale of its media businesses.

In February 2018, Ericsson acquired the location-based mobile data management platform Placecast.

Ericsson has since integrated Placecast's platform and capabilities with its programmatic mobile ad subsidiary, Emodo.

In September 2020, Ericsson acquired US-based carrier equipment manufacturer Cradlepoint for $1.

In November 2021, Ericsson announced it had reached an agreement to acquire Vonage for $6.

Ericsson holds research co-operations within several European research programs such as GigaWam and OASE.

The hub focuses on the benefits that Ericsson 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.

Ericsson's business includes technology research, development, network systems and software development, and running operations for telecom service providers.

Ericsson has announced m-commerce deals with Western Union and African wireless carrier MTN.

Sony Ericsson Mobile Communications AB was a joint venture with Sony that merged the previous mobile telephone operations of both companies.

Sony Ericsson was responsible for product design and development, marketing, sales, distribution and customer services.

Ericsson 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.

Leak revealed that some subcontractors working on behalf of Ericsson paid bribes to the Islamic State in order to continue operating the telecom network in occupied regions of Iraq.

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