Tuesday, 26 March 2019

Ericsson Q3 revenue, margins improve on cost cutting, 5G demand

By Nick Wood, for Total Telecom
Thursday 18 October 18

Networks division reports 13% rise in sales thanks to demand from North America, Europe, LatAm

Ericsson on Thursday reported healthy third quarter revenue growth and an improvement in gross margin, thanks to growing 5G demand and the company's aggressive cost cutting programme. "There is strong momentum in the global 5G market with lead markets moving forward…

Ericsson on Thursday reported healthy third quarter revenue growth and an improvement in gross margin, thanks to growing 5G demand and the company's aggressive cost cutting programme. "There is strong momentum in the global 5G market with lead markets moving forward…

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