5G demand sees Ericsson beat Q4 expectations Ericsson CEO

Ericsson’s Q4 results have beaten expectations, with demand for its 5G kit increasing quarterly revenues by 13% to SEK 69.6 billion (£6bn).

Networking sales rose by 20% in the quarter, while margins have increased to 43.5% from 41.1%, improving the profitability of the business.