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: Aéropostale heading for Chapter 11 How the Fort McMurray fires could disrupt the oil industry Adidas bets on summer of sport to score goals Market Call Tonight: Top Picks from Davis Rea's John O'Connell Asia tries out second-hand luxury retail Old risk, new reward for European firms Canada posts a record trade deficit of $3.41-billion in March Smart ways to use your tax refund SocGen trims costs as profit surprises More spending cuts at Shell after BG deal Barbie's modesty makeover Takata facing massive air bag recall? WestJet CEO on tough economic times in Western Canada 'A bigger wedding will not make you more married': Tips to keep wedding costs down The difference between strategy and leadership CWB warning 'gentle reminder' about energy exposure Market Call Tonight: Top Picks from Industrial Alliance's John DeGoey Canadian dollar strength: Can it continue? Australia joins global rates easing party Euro zone growth to slow this year 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?