The worlds leading network infrastructure company, Ericsson (NASDAQ:ERIC), will release its Q117 earnings on April 25th. FY16 has been a dismal year for Ericsson and for the network infrastructure companies as a whole. Its revenues tumbled from SEK 246.8 billion to SEK 222.6 billion, primarily because of the 10% drop in the mobile infrastructure market size in 2016, which was led by a slowdown in the telecom spending around the world, especially in China. Within the slowing market, the growing competition from its peers such as Nokia and Huawei also hurt Ericssons top line in 2016. Due to the lower capacity sales, the margins also suffered, as EBITDA margins slipped from 17% in FY15 to 14% in FY16 leading to a fal…
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