Ericsson: African 4G expansion key to unlocking unicorns and growth

Ericsson has reported its Q4 results along with its full-year results for 2024, and while the Swedish vendor saw an uptick in North America, its sales have cratered across emerging markets.

Naver Corp, the operator of South Korea’s leading internet portal, says it has plans to establish a Middle Eastern unit in Saudi Arabia within this year as part of efforts to expand its global business.

Data from Dell’Oro Group showed Huawei was the leading telecom equipment vendor by revenue in 2023, but the overall market had contracted 5% year-on-year, snapping five years of consecutive growth.