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Why the North American Market Is Exciting for Ericsson

Why the North American Market Is Exciting for Ericsson

Ericsson (ERIC) has set a goal to deliver a gross profit margin of 37%–39% by 2020. To grow its revenue, Ericsson is banking on 5G (fifth-generation) network deployments to stimulate demand for its network solutions. This market is where the company sees a bright future in North America.