Ericsson Feeling Margin Pressure
Posted on December 03, 2008 at 07:04 AM EST
Headquartered in Stockholm, Sweden, LM Ericsson Telephone Company (ERIC) is a multinational company engaged in manufacturing and selling wireless infrastructure equipment for the telecom sector. It is a total network solutions provider, serving wireless and wireline operators, enterprises and consumers. Ericsson reported slightly higher revenues but lower-than-expected earnings for 3Q08. The ...