Last Updated on Monday, 13 February 2012 18:41
Founding partner: Ericsson is a world-leading provider of telecommunications equipment and services to mobile and fixed network operators. Over 1,000 networks in more than 180 countries use our network equipment, and more than 40 percent of the world's mobile traffic passes through Ericsson networks.
In the future, not just people and places will be connected, but also things. Anything that can benefit from being connected will be connected. In 10 years, Ericsson envision 50 billion connected devices for a multitude of applications, such as the control of power consumption in our homes and remote health monitoring of patients.
Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson had 104 525 employees (Dec 31, 2011) and presented net sales, Q4 2011: SEK 63.7 billion / USD 9.8 billion.