Ericsson

Operations

Ericsson is the world’s leading supplier of communication networks and related services for telecom operators. The company is a global player with customers in more than 175 countries and one of the few companies that can offer end-to-end solutions for all major mobile communication standards.

Ericsson is the world leader in 2G (GSM) and 3G (WCDMA/ HSPA) mobile networks. The company also has a leading position in the 4G global mobile broadband standard. Through longterm relationships with all major operators, Ericsson delivers the networks for more than 40% of all mobile subscribers.

Today Ericsson has a strong product portfolio in mobile systems as well as fixed line networks and business support systems. The fast-growing services segment, in which the company has a leading position, accounts for 40% of consolidated sales. Ericsson also conducts own operations through the half-owned companies Sony Ericsson Mobile Communications (mobile phones), ST-Ericsson (mobile telecom platforms) and LG-Ericsson (business communications).

Ericsson - Our ownership perspective

The market’s largest and most profitable supplier of mobile infrastructure, with a leading position in telecom development..

• Strong global position in mobile broadband and the next generation of telecom systems.
• Goal-oriented acquisitions and contracts make the company North America’s leading supplier of network systems.
• Good growth and profitability in services and multimedia solutions.

Ownership focus

Growth and improved profitability based on the company’s leading position in end-to-end telecommunications solutions.

Ericsson - Performance 2010

• Net sales totaled SEK 203.3 billion (206.5).
• Income after net financial items rose 255% to SEK 15.8 billion (6.2), including SEK 6.8 billion in restructuring costs.
• Strengthened position in North America through integration of previously acquired mobile systems businesses (CDMA/GSM).
• The cost-cutting program that was concluded during the year reached its target of annual cost reductions of SEK 16 billion.
• Acquisition of Nortel’s majority stake in LG-Nortel (now LG-Ericsson), a joint venture in network business.