Top 10 Telecommunication Equipment Companies in the World 2015

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5. Ericsson

Ericsson was founded in the year 1876 in Sweden. It is headquartered in Stockholm, Sweden.

Source: flickr James Nash

Mr. Hans Vestberg is acting as current CEO for the company. Ericsson provides its services to mobile and fixed network operators. It operates through three major segments which are; Networks, global services and support solutions & modems. The network systems provide optical transmission solutions for mobile and fixed networks. It also includes Internet protocol and transport networks. The global systems give solutions such as consulting and system integration as well as customer support system. The modem segment manufactures and sells modem solutions for smartphones and tablets. The company operates through 118,055 employees worldwide.

Sales: $33.2 B

Profits: $1.7 B