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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, October 24, 2014

Ericsson's Revenue Rises in the East


Ericsson said its sales rose 3% year-on-year in the third quarter on a like-for-like basis to 57.6 billion Swedish krona (7.94 billion US dollars). On a reported basis, sales were up 9% (see graphic).

The Stockholm-based firm said the revenue uplift was mainly driven by growth in the Middle East, China, India and Russia, partly offset by sales decline in North America. source: Ericsson statement

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