Ericsson : No signs of recovery as of yet
>Underlying market still down - At our 2024 TMT forum, Ericsson was represented by Alan Ganson (IR). The group did not deny the lack of visibility on 2024, notably on H1. The global RAN market is likely to decline by 4% according to DellOro, with Europe down 2%, China down 7% and the US down 17%. The group remains upbeat on Open RAN opportunities, notably after the contract gain with AT&T in the US. The contract is for a period of 5 years and is worth € 14bn. Ericsso...Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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