The network infrastructure and 4G deployment field has been buzzing with a flurry of recent activity and Ericsson ERIC has undoubtedly been quite in the thick of things. However, the company continues to grapple with low investments in mobile broadband and all-pervasive weak demand.
The beleaguered infrastructure giant’s repeated earnings misses, eroding profitability and its steep revenue decline have left investors high and dry. The stock has lost 8% in the past six months in contrast to the industry ‘s gain of 2.2%.
The Headwinds & Numbers
Most of the company’s troubles have stemmed from flagging investments by major telecom equipment makers across the world. Particularly, uncertaint…
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