Ericsson’s finances continue to see choppy waters. The company will have issued a huge sigh of relief for all the good that has come out of India, because it has failed in every other part of the world to make any consistent headway. The dominating theme through this quarter’s results meeting was that Ericsson had already told us about all the bad news items, with lots of “just as we forecast” or “just as we warned before” statements. It was desperately trying to play down any further harm which might come from the fact that Ericsson has lost control of its customers’ 5G roll out plans, which it undoubtedly has, outside of India. Compared to Nokia, Ericsson’s balance sheet makes…