Ericsson Pictures Fixed-Line Sales As Growth Market

After cementing its position as the world's leading wireless network equipment maker, Telefon AB LM Ericsson aims to make a comeback in its fixed-line business, according to The Wall Street Journal.

"Ericsson's push follows other moves by companies such as France Telecom SA and Telecom Italia SpA to integrate their fixed and mobile units. They have added to expectations for convergence, under which fixed-line and mobile core networks are combined into a single system that will enable new revenue-generating services. Combined systems will also be cheaper to operate."

emily | 7:50 AM | |
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