Ericsson’s status as a RAN powerhouse has often jarred with inconsistent financial results and stuttering growth. Yet the company has some reasons to be cheerful, after posting another lackluster set of results for 2023. As the only major vendor almost totally dependent on wireless, Ericsson is a unique bellwether of the industry and particularly at the moment the standing of 5G deployments around the world. Revenue for Q4 2023 was down 16% year-on-year, to SEK 71.9 billion ($6.9 billion), driven chiefly by a 23% fall in network sales to SEK 45 billion ($4.4 billion). Revenue from Cloud, Software and Services fell 4% to SEK 19.6 billion ($1.9 billion), offset a little by a 7% rise in its enterprise sales to…