UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549





Form 20-F/A







| ̈ | Registration statement pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934
|- | ------------------------------------------------------------------------------------------------

or



|x | Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ------------------------------------------------------------------------------------

For the Fiscal Year Ended December 31, 2007

or



| ̈ | Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ----------------------------------------------------------------------------------------

For the transition period from/to

or



| ̈ | Shell company report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | -------------------------------------------------------------------------------------------

Date of event requiring this shell company report:

Commission file number 00012033





TELEFONAKTIEBOLAGET LM
ERICSSON

(Exact Name of Registrant as Specified in Its Charter)

LM ERICSSON TELEPHONE COMPANY

(Translation of Registrants Name Into
English)





Kingdom of Sweden

(Jurisdiction of
Incorporation or Organization)

SE-164 83 Stockholm, Sweden

(Address of Principal Executive Offices)

Roland Hagman, Vice President Group
Function Financial Control

Telephone: +46 8 719 53 80, Facsimile: +46 8 719 42 22

SE-164 83 Stockholm, Sweden

(Name,
Telephone, E-mail and/or Facsimile Number and Address of Company Contact Person)





Securities registered or to be
registered pursuant to Section 12(b) of the Act:



|                           |  |                                           |  
|-------------------------- |  | ----------------------------------------- | -
|Title of Each Class        |  | Name of Each Exchange on Which Registered |  
|American Depositary Shares |  | The NASDAQ Stock Market LLC               |  
|B Shares                   |  | The NASDAQ Stock Market LLC               | *



|* | Not for trading, but only in connection with the registration of the American Depositary Shares representing such B Shares pursuant to the requirements of the Securities and
Exchange Commission
|- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Securities registered pursuant to Section 12(g) of the Act:

None

Securities for which there is a
reporting obligation pursuant to Section 15(d) of the Act:

None





Indicate the number of outstanding shares of each of the issuers classes of capital or common stock as of the close of the period covered by the
Annual Report:



|                                  |  |               
|--------------------------------- |  | --------------
|B shares (SEK 1.00 nominal value) |  | 14,823,478,760
|A shares (SEK 1.00 nominal value) |  | 1,308,779,918 
|C shares (SEK 1.00 nominal value) |  | 0             

Indicate by check mark if the registrant is a well-seasoned issuer, as defined in Rule 405 of the
Securities Act.    Yes  x    No   ̈

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934.    Yes   ̈    No  x

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No   ̈

Indicate by check mark whether the
registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of accelerated filer and large accelerated filer in Rule 12b-2 of the Exchange Act.

x  Large accelerated filer             ̈  Accelerated filer             ̈  Non-accelerated filer

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

US GAAP   ̈ International Financial Reporting Standards as issued by the International Accounting
Standards Board  x     Other   ̈

Indicate by check mark which financial statement item the registrant has elected to follow.    Item 17  x    Item 18   ̈

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act).    Yes   ̈    No  x









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EXPLANATORY NOTE

The Company is filing this Amendment No. 1 to its annual report on Form 20-F for the fiscal year ended December 31, 2007, as filed with the U.S. Securities and Exchange Commission on April 21, 2008 (the
2007 Form 20-F), by setting forth the following amendments to Item 17. Financial statements and Item 19. Exhibits of the 2007 Form 20-F to provide separate audited consolidated financial statements of Sony Ericsson Mobile
Communications AB (Sony Ericsson) as of and for the fiscal year end December 31, 2007, including the audit report of PricewaterhouseCoopers AB relating thereto, as required under Rule 3-09 of Regulation S-X. This amendment also
includes comparative information on Sony Ericsson as of December 31, 2006 and for the fiscal years ended December 31, 2006 and 2005.

Other than as expressly set forth above, this Form 20-F/A does not, and does not purport to, amend, update or restate the information in any part of the 2007 Form 20-F or reflect any events that have occurred after the 2007 Form 20-F was
filed on April 21, 2008. The filing of this Form 20-F/A, and the inclusion of newly executed certifications, should not be understood to mean that any other statements contained in the 2007 Form 20-F are true and complete as of any date
subsequent to April 21, 2008.



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|Item 17. | Financial statements
|-------- | --------------------

Separate consolidated
financial statements for Sony Ericsson included as Exhibit 15.2 hereto, including the independent auditors report of PricewaterhouseCoopers AB with respect to the consolidated financial statements for Sony Ericsson, are hereby incorporated by
reference.



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|                        |  |                           |  |                                                                                                                                                                                                                                    |  |  |  | 
|----------------------- |  | ------------------------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  |  |  | 
|.Form 20-F Item Heading |  | Location in this document |  | PageNumber                                                                                                                                                                                                                        
|                        |  |                           | 
|19                      |  | Exhibits                  |  |                                                                                                                                                                                                                                    |  | 
|                        |  | Exhibit1                  |  | Articles of Association, incorporated by reference to our Form 6-K dated May 16, 2006                                                                                                                                              |  | 
|                        |  | Exhibit 2                 |  | Not applicable                                                                                                                                                                                                                     |  | 
|                        |  | Exhibit 3                 |  | Not applicable                                                                                                                                                                                                                     |  | 
|                        |  | Exhibit 4.1               |  | Memorandum of Agreement, dated 25 October 2005, Telefonaktiebolaget LM Ericsson and Marconi Corporation plc incorporated by reference to
our Form 20-F dated May 18, 2006                                                          |  | 
|                        |  | Exhibit 4.2               |  | Agreement and Plan of Merger Between Telefonaktiebolaget LM Ericsson (Publ), Maxwell Acquisition Corporation and Redback Networks Inc.
Incorporated by reference to our Form 20-F dated June 7, 2007                               |  | 
|                        |  | Exhibit 5                 |  | Not applicable                                                                                                                                                                                                                     |  | 
|                        |  | Exhibit 6                 |  | Please see Notes to the Consolidated Financial Statements, Note C1 Significant Accounting Policies                                                                                                                                 |  | 
|                        |  | Exhibit 7                 |  | For definitions of certain ratios used in this report, please see Financial Terminology                                                                                                                                            |  | 
|                        |  | Exhibit 8                 |  | Please see Supplemental Information, Investments                                                                                                                                                                                   |  | 
|                        |  | Exhibit 9                 |  | Not applicable                                                                                                                                                                                                                     |  | 
|                        |  | Exhibit 10                |  | Not applicable                                                                                                                                                                                                                     |  | 
|                        |  | Exhibit 11                |  | Our Code of Business Ethics and Conduct is included on our web site at
http://www.ericsson.com/about/code_business_ethics/index.shtml                                                                                              |  | 
|                        |  | Exhibit 12                |  | 302 Certifications                                                                                                                                                                                                                 |  | 
|                        |  | Exhibit 13                |  | 906 Certifications                                                                                                                                                                                                                 |  | 
|                        |  | Exhibit 14                |  | Not applicable                                                                                                                                                                                                                     |  | 
|                        |  | Exhibit 15.1              |  | Consent of Independent Registered Public Accounting Firm                                                                                                                                                                           |  | 
|                        |  | Exhibit 15.2              |  | Consolidated Financial Statements of Sony Ericsson Mobile Communications AB, including the independent
auditors report of PricewaterhouseCoopers AB regarding the financial statements of Sony Ericsson Mobile Communications AB. |  | 
|                        |  | Exhibit 15.3              |  | Consent of Independent Registered Public Accounting Firm for Sony Ericsson Mobile Communications AB                                                                                                                                |  | 



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SIGNATURES

The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned
to sign this amended Annual Report on its behalf.

TELEFONAKTIEBOLAGET LM ERICSSON (publ)

June 26, 2008



By:

/s/    ROLAND
HAGMANRoland Hagman Vice President Group Function Financial ControlBy:

/s/    CARL OLOF
BLOMQVISTCarl Olof Blomqvist Senior Vice President and General Counsel