Tech Video: Ericsson hit by slower network sales Add to ... Reuters Published Wednesday, Jul. 18, 2012 12:40PM EDT Last updated Wednesday, Jul. 18, 2012 12:40PM EDT The world's leading mobile telecoms equipment manufacturer Ericsson was hit by a sharp drop in sales of networks in the second quarter as carriers cut spending in the face of a global slowdown Watch More Video: Retirement at age 75 – seriously? Bombardier job cuts, by the numbers Volkswagen launches new China-only model Catwalks and Katy Perry: Alibaba's Singles' Day BAT-Reynolds deal: 'Big Tobacco' getting smaller? Market Call Tonight: Top Picks from HollisWealth's Jason Del Vicario Will U.K.'s Philip Green lose his knighthood over BHS collapse? Berlin's bold bid to lure London start-ups Autopilot coming to all Tesla models Market Call Tonight: Top Picks from Stephenson & Co.'s John Stephenson ECB's Draghi stays quiet about future policy The ECB hasn't made any impact with recent moves: Milner California launches Wells Fargo criminal probe Nestle cuts sales outlook as growth disappoints Stocks nudge higher after U.S. presidential debate U.S. visitors overtake U.K. as Kenya tourism looks up Higher cyber security standards for banks Returning workers could slow U.S. rate hike Jim Pattison: A business icon's view on real estate and the economy Market Call Tonight: Top Picks from Canoe Financial's Steve DiGregorio Comments AA More Related to this Story Market View Video: Markets watch earnings result while banks take time out to think talking management Video: Developing a corporate vision with meaning Let's Talk Investing Video: Should I shop around for travel health insurance?