Monday, 20 August 2018

Ericsson buoyed by stabilisation in North America

By Mary Lennighan, Total Telecom
Friday 17 July 15

Swedish vendor posts 6% decline in sales in second quarter, analyst warns mobile broadband investment is coming to an end.

Ericsson's share price grew by around 5% on Friday morning as the company presented a set of second-quarter financials that showed signs of stabilisation in North America and the continued impact of 4G network rollouts in China. The Swedish vendor posted sales of 60.67 billion kronor (€6.5 billion) for the three months to the end of June…

Ericsson's share price grew by around 5% on Friday morning as the company presented a set of second-quarter financials that showed signs of stabilisation in North America and the continued impact of 4G network rollouts in China. The Swedish vendor posted sales of 60.67 billion kronor (€6.5 billion) for the three months to the end of June…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry