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India second largest sales market for Ericsson in October quarter

India contributed 6 percent of net sales for the telecom network equipment maker, a share smaller than only the United States

Telecom sector
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The company's global sales rose by 15 percent in calendar year 2022

Subhayan Chakraborty New Delhi
India became the second largest sales market for global communications services provider Ericsson in the October-December quarter as the company secured large contracts to supply sophisticated 5G equipment.

India contributed 6 percent of net sales for the telecom network equipment maker, a share smaller than only the United States, which contributed 41 per cent, Ericsson said on Friday.

Japan saw the third largest market for sales at 4 pe rcent, followed by both China and the United Kingdom at 6 percent, the consolidated results of the company showed. India was the second largest market even for the full year (January-December

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First Published: Jan 20 2023 | 11:51 PM IST

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