Tech Video: Ericsson hit by slower network sales Add to ... Reuters Published Wednesday, Jul. 18 2012, 12:40 PM EDT Last updated Wednesday, Jul. 18 2012, 12:40 PM 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: Ericsson hit by slower network sales California man denies creating bitcoin Google barge arrives at new home Should you file a paper tax return? Is Japan sitting on a 'pension time bomb'? Everyday low prices no lure for China's shoppers London benefits from rise in ultra rich Staples to shut stores; Costco disappoints Four numbers you need to know before today's jobs reports Could low U.K. rates end up costing? Why the chief economist at Moody's is worried about the weather ING economist says no immediate need for an ECB rate cut Tricky start for Italy's Renzi Target's tech chief resigns in wake of data breach Silicon Valley's working poor pay the price for boom times China bond default no Bear Stearns moment StanChart banking on emerging market resurgence: Asia CEO Ukraine crisis jolts Asia's already fragile emerging markets Yuan band widening no substitute for real reform: BAML When should you consider buying distressed debt? Why this analyst likes India's private banking sector, pharmaceutical and IT sectors 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?