Ericsson upbeat as strong 5G demand drives North American market back to growth
Sales in North America jumped by 55 percent YoY
Sales in North America jumped by 55 percent YoY
Expects deal to complete next year
Company has booked two impairment charges since acquisition in 2022
Customer spending will increase later this year, vendor claims
Ericsson stock is now "uninvestable," say analysts
Cradlepoint will operate as an Ericsson subsidiary after the deal closes