We've increased our fair value estimate for Ericsson to $8.70 from $8.50 to account for a weakening US dollar relative to the Swedish Krona, based on the Jan. 24, 2025 exchange rate of SEK 10.93/USD.
Swedish telecoms giant Ericsson returned to profit in 2024 and sales inched up in the final quarter of the year, it said Friday, as the sector struggles with slowing demand for 5G network equipment.
Telstra, in partnership with Ericsson and MediaTek, has set a new benchmark in 5G connectivity by reaching a peak downlink speed of 9.4 Gbps on its live commercial 5G Standalone (SA) network. In the ...
--Ericsson delivered a 4% drop in network revenue in the third quarter as a sharp sales decline across Southeast Asia, Oceania and India offset an 80% surge in North America sales, which benefited ...