Friday, October 21, 2016

Ericsson Posts Loss On Weak Mobile Broadband Demand; Warns On Seasonal Sales

Shares of Ericsson were declining around 3 percent in the early morning trading after the Swedish telecom operator reported Friday a loss in its third quarter as net sales were hurt by weaker demand for mobile broadband, especially in markets with weak macro-economic environment.

from RTT - Earnings http://ift.tt/2eXCsf5
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