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: How can parents save on phones and computers for their kids? Market Call Tonight: Top picks from Liberty International’s David Driscoll U.S. economic growth slows in the second quarter Britain dodging Brexit bombshell? Markets: Yellen takes centre stage Singapore's self-driving taxi fleet trial Pokemon-inspired burgers pop up in Australia World’s first self-driving taxis start pick-ups Market Call Tonight: Top Picks from Sprung Investment's Michael Sprung ECB says banks' profits down 20% Retail banking lifting 3 out of 4 Canadian bank profit beats: Barometer Capital Brexit hits German business morale Three costly mistakes seniors make Millennials say 'no' to debt Samsung & Tencent grab tech spotlight Drug price hikes can hurt company reputations: White House Glencore says 'on target' despite volatile markets Oleksiak in no rush amid sponsorship speculation By the numbers: Tim Cook’s 5 years at Apple Market Call Tonight: Top Picks from Aventine's James Telfser 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?