en.Wedoany.com Reported - Ericsson has announced that it will relocate its headquarters in the Stockholm area from Kista to Hagastaden, approximately six miles to the south, with the lease for the new headquarters signed on Monday. Ericsson expects to begin the move in early 2028.

Ericsson has been based in Kista for over two decades, an area once hailed as Sweden's Silicon Valley but now known for high crime rates and low occupancy. In contrast, Hagastaden is in a phase of vigorous development. In a statement on May 25, Ericsson President and CEO Börje Ekholm said that Hagastaden is situated at the heart of an urban technology collaboration and innovation community, is vibrant, facilitates access to an evolving business ecosystem, partners, and decision-makers, is best suited for the company's future operations, and helps enhance its appeal to top talent.

In November 2024, Börje Ekholm told Bloomberg that its North American business was growing and that moving Ericsson's headquarters from Sweden to the United States was "quite likely to happen." At that time, Ericsson had won a $14 billion open RAN contract with AT&T at the end of 2023, and all three major U.S. mobile operators use Ericsson equipment. However, last month Ericsson reported a decline in first-quarter North American sales, and Ekholm stated the company expects to be less dependent on the North American market in the future. Analysts believe this change is partly due to U.S. operators deploying 5G standalone (5G SA) faster than their European counterparts.

A few days before announcing the headquarters relocation, Ericsson welcomed a new Technology Prosperity Deal (TPD) signed between Sweden and the United States. The agreement includes commitments to 5G, 6G, artificial intelligence, and cutting-edge research, marking the fourth such commitment made by the U.S. globally, following those with Japan, South Korea, and the United Kingdom. At a press conference on May 22, U.S. Secretary of State Marco Rubio specifically cited Ericsson's technology leadership as an example of how both countries benefit under the new agreement. Rubio stated that Ericsson is one of the few companies in the world capable of competing in 5G and 6G, and the agreement will further advance the cooperation the two countries are already undertaking together.

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