Ericsson sees slow North America as fourth quarter sales lag forecasts

Telecoms equipment maker Ericsson expects business in its key North American market to remain slow in the short-term, with its biggest customers largely finished on building their 4G networks and saving cash for acquisitions and spectrum auctions. The cooling of the once torrid U.S. market caused Ericsson, which competes with China's Huawei [HWT.UL], Finland's Nokia and France's Alcatel-Lucent ...

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