Ericsson needs industries to embrace 5G to underpin its recovery
The Ericsson logo is seen at the Ericsson's headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg/Files/ STOCKHOLM/LONDON (Reuters) - Ericsson needs a range of industries to embrace 5G network services if the equipment maker is to get a long-term boost that would allow it to progress from cost-cutting to expansion. For now, the Swedish company is focusing on a cost-savings plan running until 2020 to shore up profitability, hoping that growth will then return as the pace of 5G network upgrades picks up early in the ...
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