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Ericsson dangles $2 billion of video assets in front of a wary market

This morning that sound you are hearing is the thud of thousands of Ericsson résumés hitting the desks of recruitment consultants the world over as the ultra-conservative Swedish leader of cellular infrastructure took an over-conservative set of decisions to heart, for what it laughingly called a “strategic plan” for survival, in an anything but conservative cellular market. As analysts, the world over, invoked invective for the pragmatic, but uninspiring plans laid out by new CEO Börje Ekholm, our industry was drawn to just what it means for the TV market. It was back in 2012 when we featured the headline, “Feeding on the rotting corpse of a 7 year old failed IPTV strategy,” which showed what we had always thought,…

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