RCR Wireless – What’s next for Ericsson?
The board was forced to act under mounting pressure from financial analysts and the media instead of understanding earlier on that they ought to look for a new CEO,” Bengt Nordström, co-founder and CEO of telecom consultancy firm Northstream, told RCR Wireless News. Nordström is critical of the board being reactive instead of proactive.
“The board has asked too few critical questions: How are operators planning to invest? When will ‘internet of things’ revenue start to kick in? How can Ericsson benefit from growth in the cloud services space? They have avoided these questions or simply not understood their importance,” he added.
