Why North America Remains Important for Ericsson in Near Term
Ericsson (ERIC) is optimistic about 5G demand, which will likely be a key revenue driver going forward. AT&T (T), Verizon (VZ), T-Mobile (TMUS), and Sprint (S), the four telecom carriers in the United States, are trying to beat each other in the 5G race. CEO Borje Ekholm stated, “We see very good momentum on 5G in North East Asia but also in North America as those two areas leading the way.