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Ericsson is a telecom giant.. global leader in telecom products and infra. It's a fortune Global500 company and you are asking if it's a service-based company.. Lol... In this day and age, such lack of awareness although being in IT field is dangerous :)
Ericsson acts both as product based and service based in my perspective. They have their own products which is used in the market. But also for their own products, they do service.
Product-based side:
Ericsson is best known for its telecommunication equipment and software products, such as 2G/3G/4G/5G network infrastructure, radio systems, OSS/BSS platforms, and cloud/IoT solutions.
These are core products and technologies that telecom operators (like Airtel, Vodafone, AT&T, etc.) buy and deploy.
👉 Service-based side:
Ericsson also provides managed services, network optimization, consulting, and IT services to telecom operators worldwide.
They run and maintain telecom networks for many operators under long-term contracts.
📌 So, you can consider Ericsson as a product-based company at its core, but with a strong service arm (especially in managed services and system integration).
Both.