Ericsson dissolves enterprise wireless unit, keeps private 5G portfolios
Ericsson is dissolving its enterprise wireless business: private and neutral-host 5G portfolios move into its networks division, while Cradlepoint and wireless WAN stay as standalone parts of its Americas unit. Enterprise sales rose just 1% organically in Q3 and fell 10% on a reported basis, contributing 8% of total revenue.
- Enterprise sales up 1% organically versus 7% for the company overall
- Reported enterprise revenue down 10% after the Iconectiv divestment
- Adjusted EBITDA for enterprise was negative SEK 0.5 billion
- Unit head Åsa Tamsons will leave the company in 2027
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