Saturday, 24 June 2017

Ericsson Q1 turnover hit by slow spending in N America

By Mary Lennighan, Total Telecom
Thursday 23 April 15

Swedish vendor's CEO says fast pace of 4G rollout in China helped to offset North American slowdown.

Ericsson on Thursday blamed slower mobile broadband activity in North America for a 6% decline in net sales in the first quarter of this year. The Swedish equipment maker posted net sales of 53.5 billion kronor (€5.7 billion) for the three months to the end of March…

Ericsson on Thursday blamed slower mobile broadband activity in North America for a 6% decline in net sales in the first quarter of this year. The Swedish equipment maker posted net sales of 53.5 billion kronor (€5.7 billion) for the three months to the end of March…

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