"Underlying business fundamentals remain strong," said Börje Ekholm, Ericsson CEO. "With growth in data in general and with working from home as the new normal in many countries, good connectivity is more important than ever. For 2020, we estimate the RAN (radio access network) market to grow by 4%, however, for Q2 we expect somewhat lower than normal sequential sales growth, as there are uncertainties impacting short-term growth negatively. ...while we have seen no material effects so far on our demand situation, it is prudent to believe that the slowdown in the general economy may lead some operators to delay investment programmes." Source: Ericsson statement.
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