Ericsson Foresees 5G Gear Demand Decline in 2024, Prepares for Cost-Cutting Measures
Ericsson Foresees 5G Gear Demand Decline in 2024, Prepares for Cost-Cutting Measures - OPP.Today
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Ericsson Foresees 5G Gear Demand Decline in 2024, Prepares for Cost-Cutting Measures - OPP.Today
Ericsson Predicts Market Decline Outside China in 2024 and Urges Increased Operator Investment - OPP.Today
By Dominic Chopping STOCKHOLM--Ericsson expects challenges in the mobile-network industry to continue this year as customers remain cautious around their...
By Dominic Chopping STOCKHOLM--Ericsson expects challenges in the mobile-network industry to continue this year as customers remain cautious about spending...
STOCKHOLM (Reuters) -Ericsson said it expects further decline in 5G gear demand from mobile operators this year including in key growth market India, after beating fourth-quarter operating profit expectations on Tuesday helped by software sales. Telecoms equipment suppliers are expecting a challenging 2024 as 5G equipment sales - a key source of revenue - are slowing in North America, while India, a high growth market, is also set for a slowdown. "We expect the current market uncertainties to prevail into 2024 with a further decline of the RAN (Radio Access Network) market outside China...