Ericsson finally has a plan – flog media and cloud hardware units, double-down on services and IoT

Having spent the first quarter of the year reviewing the state of his company, Ericsson CEO Börje Ekholm has now unveiled his grand plan to turn the company around.
The Vestberg era was defined by a drive to diversify away from the core network hardware business, which has been in slow decline for Ericsson. The areas of diversification were generally illustrated in one of Vestberg’s favourite slides below.Ekholm has decided Ericsson got carried away with its efforts to diversify and s