Telefonaktiebolaget LM Ericsson (ADR) (NASDAQ:ERIC)
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A provider of telecommunications equipment and related services to operators of mobile and fixed networks worldwide.
A provider of telecommunications equipment and related services to operators of mobile and fixed networks worldwide.
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Recs
The carriers were very fearful of investing in Q42011, but carriers are going to be forced to invest in order to increase ARPU. The entire value chain starts with the capabilities of Ericsson to enable companies to compete. Ericsson just needs to be a little less Swedish and not allow their sales people to undervalue the core capabilities of Ericsson to deliver that core advantage.