Ericsson Q3 – 4G, 3G deployments offset US sales decline

Ericsson has reported a 3% year-on-year sales growth (after currency adjustment) for the third quarter of 2014, representing a 2% rise since the previous quarter. The Swedish network infrastructure vendor said growth was mainly fuelled by its Middle East, China, India and Russia businesses, but partly offset by declines in North America, where sales fell by -3% year-on-year.

Ericsson Q3 – 4G, 3G deployments offset US sales decline

Ericsson has reported a 3% year-on-year sales growth (after currency adjustment) for the third quarter of 2014, representing a 2% rise since the previous quarter. The Swedish network infrastructure vendor said growth was mainly fuelled by its Middle East, China, India and Russia businesses, but partly offset by declines in North America, where sales fell by -3% year-on-year.