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adding that "based on these drivers
?now on translating these gains into sustainable profitable growth."
vestberg said the number of global smartphone subscriptions are expected to grow from the current 700 million to some three billion in 2017, adding that "based on these drivers,timberland shoes, we see an increasing focus from our customers on network performance and quality of service. this will require continuous operator investments in hardware, software and services."
the drop in profitability still disappointed market-watchers however,timberland boots sale, sending the shares down almost 5 percent to 56 kronor ($7.98) in early morning trade on the stockholm stock exchange.
revenues in the quarter came to 55.32 million kronor,waterproof leather boots, up from 54.77 kronor,timberland boots mem, while gross margin contracted to 32 percent from 37.8 percent.
greger johansson, an analyst with research firm redeye in stockholm,timberland boots, said the negatives outdid the positives, with results from the networks unit disappointing the most. "sure, global services will become the largest unit in a few years from now — it's a stable business area less dependent on direct sales and with a lot of maintenance work and which carries more of a consultancy role," he said, "but networks has been a good lever."
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