Gross margin improves from 19 percent to 36 percent. The company launched a major restructuring drive in July 2017 as a result of which the total workforce has been reduced by almost 18,000. To date, the annual run-rate effect of cost savings is approximately SEK 8.5 b ($1.01 billion).
Energy and climate systems are also optimised to use the minimum required energy to provide an electronic trusted environment for Ericsson Radio System products, delivering environmental as well as cost-efficiency benefits
This deal marks a major breakthrough in the Jazz-Ericsson partnership within the radio domain.The contract will see Ericsson delivering optimisation and performance management services for approximately 23,500 radio sites.