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Ericsson addressable market to grow 1-3% in 2016-2018

Thursday 10 November 2016 | 15:24 CET | News
Ericsson announced that its total addressable market is set to grow by 1 to 3 percent in 2016-2018 even though it expects the mobile infrastructure market to fall by 10 to 15 percent this year and by 2 to 6 percent in 2017. In an investor update on the implementation of a new structure in the segments of Networks, IT & Cloud and Media, the company said it's focusing on speed, efficiency and fine tuning of strategy execution to remain competitive and secure leadership in the emerging 5G market.

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Categories: General
Countries: World
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