Tough Conditions To Continue For Telecoms Equipment Vendors

摘要

Nokia and Ericsson have both reported their full-year results for 2016, with strong declines in sales for both companies, as theyrnare hit by lower spending on equipment across many of their markets. Ericsson also reported net losses over the second half ofrnthe year, whereas Nokia's profitability actually increased through its acquisition of Alcatel-Lucent and its cost-cutting programme.rnDemand will continue to be weak in 2017, as 4G has matured and 5G will not yet make an impact, meaning cost-savings are likelyrnto be the focus over new revenue streams and higher growth to drive profitability.