Skål! Ericsson toasts healthy set of Q4 2020 results thanks to global 5G rollout and a kneecapped competitor

Swedish comms giant cashes in where Huawei is on retreat Swedish telecoms equipment manufacturer Ericsson will be raising a glass of aquavit to this week’s Q4 2020 figures. Network sales were up 11 per cent unadjusted, driven by the ongoing rollout of 5G connectivity, as well as the ongoing malaise of rival Huawei.…
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