When Ericsson reported its Q2 financials last month, company executives detailed a 1% year-over-year decrease in total sales, although the networks segment saw a 2% increase year-over-year with North American (U.S.) operators investments in 5G driving that growth..
President and CEO Börje Eckholm said the uptick in networks came from operators prepping to upgrade networks in the U.S. “Customers turn to new technology in order to manage growing demand for data with sustained quality and without increasing costs. This, together with fixed wireless access, represent the first business cases for 5G.”
