Ericsson releases its 2008 annual report

Press release
Mar 12, 2009 10:09 (GMT +00:00)
Ericsson (NASDAQ:ERIC) is today releasing its 2008 annual report. The company and its 78,740 employees generated net sales of SEK 208.9 billion in 2008, an increase of 11 percent on the previous year. The operating income reached SEK 23.9 billion, compared to SEK 30.6 billion in 2007.

The full report is available at:

Ericsson is the world's leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 250 million subscribers. The company's portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with feature-rich personal mobile devices.
 Ericsson is advancing its vision of 'communication for all' through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27 billion (SEK 209 billion) in 2008. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic Exchange Stockholm and NASDAQ
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