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Anytime Ericsson. Infact I am joining the same..
Yearly hike is better in Verizon.
Ericsson is service based company but Verizon is product based. I would suggest to go with Verizon.
Ericsson is a very good organization and with good work life balance...
I am leaving Oracle and joining there...
Product based companies have slow development life cycle.. service based companies are more challenging and more to learn..
And by the way... Ericsson is not a pure service based... it also has lot of products like Ericsson cloud... and many more..
So don't feel demotivated...
I am going towards good work...
All the best