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India helps Ericsson defy weak performance

By Supantha Mukherjee

Apr 19 2023 6:27AM

5G equipment in emerging markets holds up.

India helps Ericsson defy weak performance

Sweden's Ericsson on Tuesday reported first-quarter core earnings that beat expectations, supported by stronger sales of 5G equipment in countries such as India, but sales in more established markets fell and eroded margins. The company has cut costs to mitigate lower spending by telecom ...

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