What Are Ericsson’s Key Focus Areas in 2018?
Ericsson (ERIC) estimates that there will be over 9 billion mobile subscriptions by 2023. The digital transformation of service providers creates opportunities for communication equipment companies, including Ericsson, Cisco (CSCO), Nokia (NOK), and China’s (FXI) Huawei, to drive revenue growth. Ericsson knows that it needs to be profitable to ensure long-term sustainability.