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Telefonaktiebolaget L M Ericsson (ERCB.DU)
| Previous close | 5.26 |
| Open | 5.25 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 5.25 - 5.32 |
| 52-week range | 4.10 - 5.80 |
| Volume | |
| Avg. volume | 34 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Europe can't lag behind in 5G technology - German Chancellor Scholz
German Chancellor Olaf Scholz called on Monday for an expansion of the 5G mobile network in Europe at the Nordic summit on security and competitiveness in Stockholm. "We have to make it happen, that this progressive technology is the typical one very soon in Europe and that we are not falling behind other continents," Scholz said. He said that Europe should take advantage of having the "the most progressive technology companies in telecommunications in Europe," in a reference to Swedish company Ericsson and its Finnish competitor Nokia, "which are so successful not just in Europe but also globally."
- Reuters
Ericsson warns of 2024 market decline despite Q4 earnings beat
STOCKHOLM (Reuters) -Ericsson said it expects further decline in 5G gear demand from mobile operators this year including in key growth market India, after beating fourth-quarter operating profit expectations on Tuesday helped by software sales. Telecoms equipment suppliers are expecting a challenging 2024 as 5G equipment sales - a key source of revenue - are slowing in North America, while India, a high growth market, is also set for a slowdown. "We expect the current market uncertainties to prevail into 2024 with a further decline of the RAN (Radio Access Network) market outside China as our customers remain cautious and the investment pace is normalising in India," CEO Börje Ekholm said in a statement.
- Yahoo Finance UK
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