6min chapter

Telecoms.com Podcast cover image

Freshwave, Open RAN and US vs China

Telecoms.com Podcast

CHAPTER

Ericsson and Nokia's Quarterlies

Ericsson and Nokia do their quarterlies in the same week, is it? They're really close together. One day they did them on the same day. That doesn't happen very often. Ericsson came out of this stuff. Their sales were entirely flat, I think, year-on-year. But their margin was down quite a lot. And their profit almost halved. The primary reason for that,. my understanding was that their mix, i.e., primarily US, sales were down about 27%. Whereas, their India sales were up about a million percent. And so, in other words, they're flogging a lot more stuff to India, a lot less stuff to

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