Ericsson and Nokia feel squeeze of interest rates hikes : vi

Ericsson and Nokia feel squeeze of interest rates hikes

Interest rate hikes are forcing mobile operators to scale back investment in 5G networks, with equipment manufacturer Ericsson reporting Friday a rare net quarterly loss and Nokia lowering its outlook.Network equipment makers feel the pain when mobile phone operators scale back investment in 5G networks, with Ericsson reporting Friday a rare quarterly net loss and Nokia lowering its outlook.

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