L M Ericsson Telefon AB said its Public Telecomunications division will be considerably more profitable a year from now. The unit has suffered from the effects of a wide-ranging rationalization program and investments in broadband communications products, it said. Order intake for the half year was up 20%, the company said, but the strong order […]
L M Ericsson Telefon AB said its Public Telecomunications division will be considerably more profitable a year from now. The unit has suffered from the effects of a wide-ranging rationalization program and investments in broadband communications products, it said. Order intake for the half year was up 20%, the company said, but the strong order flow may ebb slightly later in the year, Ericsson added.
