Ericsson Profit Surge Driven by 5G Sales in China

Ericsson Profit Surge Driven by 5G Sales in China

Ericsson last week reported a higher than expected 38.5% YoY increase in its Q3 gross profit on revenues of SEK 57.5 ($6.5 billion), driven by a…

Ericsson Bets on Future With Cradlepoint Acquisition

Ericsson Bets on Future With Cradlepoint Acquisition

Swedish telecom gear maker Ericsson, on September 18, announced that it had acquired US-based vendor Cradlepoint for $1.1 billion. After the…