Ericsson, Sweden’s Telecom Firm, Posted Its Fourth Straight Operating Loss Of 4.8 Billion Kronor

Isafjord 1 October 2015 01
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Swedish telecoms firm Ericsson missed low expectations Friday, turning in disappointing third quarter results on big losses and slumping sales and warning the outlook ahead would also be tough. After a poor 2016 saw net profits fall 86 percent, Ericsson has still not managed to staunch the flow of bad news as it attempts to ramp…



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