uk bans huawei

Ericsson second quarter profit rises

July 17, 2020
The FINANCIAL — Ericsson reported its second-quarter 2020 results, which shows that the gross margin was higher than expected. Ericsson’s position could also be strengthened if more countries follow the U.K. and ban Huawi from 5G. Company is ready to deliver larger volumes of equipment if Huawei bans spread. Omantel has selected Ericsson (NASDAQ: ERIC) to support the Sultanate’s ongoing 5G radio access

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