Ericsson reported a 7% organic year-on-year increase in sales for the first quarter of 2019 to 48.9 billion Swedish Krona (4.7 billion euros). The rise was fuelled by strong demand in North America for both 4G and 5G equipment, as well as 5G sales in South Korea. Ericsson says it expects sales in North America to remain strong and large 5G deployments in parts of Asia to commence at the end of 2019.
Source: Ericsson presentation
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