The Wall Street Journal: 4th UPDATE: Ericsson US Sales Surge, Helped By Smartphones

STOCKHOLM (Dow Jones)–Telefon AB L.M. Ericsson (ERIC), the world’s largest maker of mobile network equipment, Friday posted stronger than expected third-quarter net profit as rising margins helped compensate for a continuing shortage of component supplies and North American sales surged, helped by the rising popularity of smartphones.

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Next read Vodafone loses internet head

UK-based operator Vodafone confirmed on Tuesday that Pieter Knook, head of internet services and the executive in charge of Vodafone 360, is leaving the firm. Read full article Related
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