Ericsson – Solid Network Story with Well-Filled Coffers, Away from the AI Debt Trap!

Ericsson has positively surprised me in the third quarter. The adjusted EBITA (Earnings Before Interest, Taxes, and Depreciation of Intangible Assets) amounted to 10.1 billion SEK, which is about 1 billion USD. This significantly exceeded the analysts' estimate of 7.9 billion SEK. Organic revenue grew by 7%, and the stock market reacted with a price jump of over 10%. The market for mobile networks is stagnating , and rising component costs will pressure margins in the coming year. Nevertheless, network operators must modernize their infrastructure...