Adnaan Ahmad Main Quotations

The main concern regarding Ericsson is its mobile systems division, which is experiencing slower growth in the U.S. and marginally disappointing growth in Europe.

Ericsson said orders as a whole remain strong, but it is just seeing a push out in most mobile system shipments due to economic uncertainty as well as slower subscriber growth in the U.S. as subsidies have been cut. Fewer subscribers means lower phone use, which translates into slower systems build-out, which is what we are seeing in the U.S.