Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)

Telefon AB LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Digital Services, Managed Services, and Other. The Networks segment delivers products and services that are needed for mobile and fixed communication, several generations of radio networks and transmission networks. The Digital Services segment provides solutions for operators digital transformation journeys across the support systems BSS and OSS, Telecom Core, and IT Cloud domains through a combination of products, technology, and expertise in networks, software, cloud, and business processes. The Managed Services segment provides managed services and network optimization to telecom operators. The Other segment consists of four businesses; Media solutions, Red Bee Media, Emerging business, and iconectiv. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.