Telefonaktiebolaget L M Ericsson ADR
ERIC: XNAS (USA)
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Ericsson Remains a Leader in Mobile Network Equipment Even as Technology Has Evolved
Business Strategy and Outlook
In Ericsson's core business, it sells mobile network infrastructure equipment, like radios and antennas, and related software and services to wireless carriers. This networks business accounts for over 65% of the firm's revenue and nearly all its profit.
