Ericsson Plans to Improve Market Share in Key Growth Areas
Ericsson (ERIC) has taken a beating in the radio market for several years. Ericsson launched the Ericsson Radio System (or ERS) in 2016, which has helped with cost reductions and improving service delivery efficiencies. At the end of 4Q17, 61% of radio deliveries were based on ERS, and Ericsson predicts this level will hit 100% by fiscal 2018.