Ericsson is a telecommunications company focusing on mobile technologies, fixed network infrastructure, and multimedia solutions. Founded in 1876 in Stockholm, Sweden, the company has grown into the world's leading provider of technology and services to telecom operators. As a leader in 2G, 3G, and 4G mobile technologies, Ericsson supports networks with over 2 billion subscribers and holds a leading position in managed services. Their extensive portfolio includes telecom services, software, and broadband solutions for operators, enterprises, and the media industry. Notable joint ventures include Sony Ericsson and ST-Ericsson, which provide feature-rich personal mobile devices.
Under the leadership of CEO B�rje Ekholm, Ericsson operates in 175 countries with more than 80,000 employees. The company generated revenue of SEK 206.5 billion (USD 27.1 billion) in 2009 and is listed on OMX NASDAQ Stockholm and NASDAQ New York. With a diverse workforce consisting of 26.5% female and 52.6% ethnic minorities, Ericsson has a strong focus on sustainable business solutions and aims to be the "prime driver in an all-communicating world." The average employee at Ericsson earns $90,626 annually, contributing to the company's yearly revenue of $25.5 billion.
