Telefonaktiebolaget L M Ericsson ADR

ERIC: XNAS (USA)
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Ericsson Continues to Drive Margins as RAN Industry Improves

Business Strategy and Outlook

Ericsson is at the forefront of the global 5G transformation. Even as a global leader, however, the introduction of Open-RAN, or radio access network—a key development of 5G—opens the door for increased competition in the telecom equipment industry. We expect carrier investment in 5G to continue, but the changing industry and increasing competition will likely hurt the firm.

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