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flag Ericsson reports 2024 revenue down 6%, but sees significant regional growth and new 5G advancements.

flag Ericsson reported mixed financial results for 2024, with a 6% drop in revenue to SEK 247.88 billion. flag Despite this, the company saw significant growth in North America, up 54%, and strong gains in Europe and Latin America. flag Key highlights include new 5G software launches, a major patent licensing agreement, and a renewed focus on network efficiency. flag However, sales in South East Asia, Oceania, and India fell by 38% over the year, largely due to reduced 5G investments in India. flag Ericsson anticipates stable RAN market growth in the coming years.

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