💨 Abstract

Ericsson reported improved third-quarter earnings and sales, beating expectations, due to increased demand for 5G gear in North America. The company's shares surged 9% in early trade. North America sales jumped more than 50%, as Ericsson ramped up sales to AT&T following a $14 billion deal last year. Despite growth in North America, other markets like Europe and developing regions are still challenging.

Courtesy: theprint.in

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