Page 2 - Ericsson India

India market's share in Ericsson's global net sales jumps to 11%

Indian market's contribution to Swedish telecom gear maker Ericsson's global net sales rose by 9 percentage points to 11 per cent in the January-March quarter of 2023 compared to the year-ago period. Ericsson India contributed 2 per cent to the global net sales in January-March 2022. The Swedish firm on Tuesday posted a 14 per cent year-on-year growth in net sales to 62.6 billion Swedish Krona (SEK) in March 2023 quarter from 55.1 billion SEK. With 11 per cent contribution, Ericsson India revenue during the reported stands at around Rs 5,600 crore. "In market area South East Asia, Oceania and India, sales adjusted for comparable units and currency increased by 132 per cent YoY primarily driven by 5G market share gains in India as well as timing of project milestones in the Philippines and Malaysia," Ericsson said. Net sales of Ericsson plunged by 20 per cent in North East Asia and 18 per cent in North America. Ericsson Networks sales, which account for 68 per cent of total sales,

India likely to overtake America in 5G roll-out by year-end: Ericsson CEO

'We are the biggest contributor to the standards of O-RAN', said Börje Ekholm

India set for most modern digital infra with its 5G pace: Ericsson CEO

We are already exporting 5G base stations made in India, Nokia CEO Pekka Lundmark says

Geopolitics to become integral to IT industry: Top Ericsson India official

Geopolitics will define business decisions in the IT industry going ahead, and companies will have to turn their focus on real-time data to stay ahead of the competition, said Amitabh Ray, the managing director of Ericsson Global Services India. Ray said geopolitics can no more be overlooked by IT companies in the aftermath of the Russia-Ukraine crisis and the COVID-19 pandemic. "In the IT industry, we were very happy to keep ourselves away from politics, but now it will become an integral part of information technology, because decisions about places where we can do business and with whom will be driven by geopolitics. We have to adjust to this," he told PTI on the sidelines of a session at INFOCOM 2022, an IT event organised by the ABP Group. The senior company official said business leadership needs to be redefined in today's times, and a key aspect of that is to take into account factors like "nowcasting". "Business decisions will have to be taken on the basis of 'nowcasting',

Reliance Jio in talks with Ericsson and Nokia for 5G telecom gear

Trial with Ericsson to start in a few days, marking a change in Jio's earlier tie-up with Samsung

Ericsson's India share in global sales doubles to 4% in Jan-Jun period

Ericsson on Friday said its share of sales from the India market doubled in the first half of the current year 2021 to four per cent, making the country third-highest revenue contributor for the group

Indian consumers are willing to pay 50% more for 5G plans, says Ericsson

Nitin Bansal, head of the company in India, says the technology is going to be critical for the country's economy.

Ericsson India eyes contracts in Indian market on strength of technology

Global giants Ericsson, Nokia and Samsung, as well as Chinese vendors Huawei and ZTE are the large players in the Indian market

India's data usage may touch 25 GB a month per user by 2025: Report

Ericsson, in its Mobility Report for June 2020, said India's data traffic growth continued its upward trajectory

We have most relevant patent portfolio for 5G, says Ericsson's Erik Ekudden

We are very confident about the leadership in the technology space, and that is reflected in the fact that we are providing 20 5G commercial networks in all geographies around the world, he said

5G rollout cost won't increase if some companies are barred: Ericsson

Ericsson's Head South East Asia, Oceania and India, Nunzio Mirtillo said the cost of data produced in 5G network will be around 10 times cheaper than in the 4G network

Ericsson in advance talks with Indian telecom operators to sign 5G pact

Govt has also formed a high-level forum to guide the country to start 5G service by 2020

5G-enabled industry revenue in India to hit $25.9 bn by 2026: Ericsson

Largest opportunity will be seen in sectors like manufacturing, energy and health sectors

Ericsson India extends paid maternity, paternity leaves

Company will also offer same benefits in case of adoption, if the child is less than a year old