STOCKHOLM Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024, after reporting a fall in third-quarter revenue as demand for 5G equipment fell in North America.
The company, which pre-announced its results last week and took a $2.9 billion impairment charge over its Vonage acquisition, said it expects current quarter results to be similar to the third quarter.
(Reporting by Supantha Mukherjee in Stockholm, editing by Terje Solsvik)