Ericsson's Network Struggles to Continue Throughout 2024

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Ericsson's Network Struggles to Continue Throughout 2024

Dow Jones04-16

STOCKHOLM--Ericsson expects the mobile-network market to continue falling at least through the end of this year, as customer spending remains cautious and investments in India slow further.

The Swedish telecommunications-equipment company said sales in its key mobile networks unit fell 21% in the first quarter, with sales momentum in India continuing to slow while North America saw sales drop 23% on the year.

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setia100
·04-16
Bad...Bad...Bad... Blame Huawei ❗❓
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