Telefonaktiebolaget LM Ericsson Update from Market Areas Call - First Session Transcript
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Hello, everyone, and welcome to this fireside chat. This is live from the Ericsson studio here in Kista. And we are happy to present today a fireside chat with 2 of our market area heads. We will meet Arun Bansal, who is heading up Europe and Latin America; and Niklas Heuveldop, who heads up the North American market area. And North America, as you know, is the largest market area within Ericsson. It represents 32% of group sales in the third quarter with SEK 18.4 billion. And if we look at the growth in North America in the third quarter, we had an FX-adjusted growth of 6% year-over-year. And then we have Europe and Latin America, which is, of course, geographically a very large territory. And Arun is heading up at least 11 time zones, which probably keeps him awake quite a lot. And there we have seen, of course, effects, not least in Latin America from the pandemic, influencing some of the CapEx spending. At the same time, we have seen
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