Ericsson says uncertainty in networks business to persist into 2024

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Explore stories from Atlantic Canada.

Bruce Cockburn: 50 years of music, spirituality and social justice | SaltWireSTOCKHOLM - Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024, after reporting a fall in third-quarter revenue as demand for 5G equipment fell in North America.

The company, which pre-announced its results last week and took a $2.9 billion impairment charge over its Vonage acquisition, said it expects current quarter results to be similar to the third quarter.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines