Exhibit 15.3

CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in the Registration Statements on Form F-3 (No. 333-180880) and Form S-8 (Nos. 333-161683, 333-161684 and 333-196453) of Telefonaktiebolaget LM Ericsson of our report dated June 19, 2014 relating to the consolidated financial statements of ST-Ericsson SA, which appears under Exhibit 15.1 in this Annual Report on Form 20-F.

PricewaterhouseCoopers SA
/s/ Claudia Benz	/s/ Mike Foley
Claudia Benz	Mike Foley
Geneva, Switzerland
March 31, 2015