Page 4 - Ericsson

India to be fastest growing 5G region globally by 2028: Ericsson report

At the end of the next five years, 5G will account for 57% of all mobile subscriptions in India

VI adopts Ericsson's online charging solution for faster product launches

Ericsson's solution implemented across India, replaces VI's three existing solutions

300 mn Vi users move to Ericsson charging system in India, biggest globally

Ericsson replaced three existing Online Charging Solutions (OCS) with Ericsson Charging as the single OCS solution across the country

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,

Strong 5G gear sales in India boost Ericsson's quarterly net profit

While India boosted equipment sales, analysts said the net growth was chiefly driven by the $6.2 billion aquisition of cloud communication firm Vonage that Ericcson closed last year

Fixed wireless access a key money-spinner for telcos post 5G: Ericsson exec

In a Q&A, John Yazlle, Head of Fixed Wireless Access, Ericsson, says FWA connections will generate $67 bn in revenues, grow 3x by 2028

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

Ericsson plans to lay off 8,500 staff worldwide to reduce expenses

This would be the largest layoff in the industry. Analysts predict that North America would likely be worst affected

Ericsson plans to lay off 1,400 employees in Sweden to cut costs

Telecom networking company Ericsson is planning to lay off at least 1,400 employees or 10 per cent of its workforce in Sweden after negotiating with unions

Vodafone Idea in talks with banks to refinance Rs 3-4k crore loans

This is expected to free up some cash for Vodafone Idea which needs to pay urgently to Indus Towers, Nokia and Ericsson

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

Ericsson scaling up production in phases at Pune to meet India' 5G demand

Ericsson is supplying its equipment to both Bharti Airtel and Reliance Jio while Vodafone Idea is yet to finalise its 5G plans

Ericsson to scale up production capacity of 5G equipment in India

Ericsson's multiple input, multiple output (MIMO) antenna-integrated radios AIR 3219 and AIR 3268 will be produced in India initially to support the 5G deployments

50% subscriptions in India to be 5G by 2028: Ericsson Mobility report

The total mobile data traffic in the India region is estimated to grow from 18 exabyte (EB) per month in 2022 to 53 EB per month in 2028

India to have 690 million 5G subscribers by 2028: Ericsson Mobility Report

The pace of growth in the number of 5G subscribers in India will be faster than the global average, Ericsson Mobility Report said

BSNL gets Centre's nod to sign Rs 26,821 crore 4G deal with TCS: Report

Tata Sons' unit Tejas Network will manufacture the equipment locally for BSNL

Nokia, Ericsson ink multi-year contracts to power Reliance Jio's 5G network

Jio will deploy a standalone 5G network, which will interwork with its 4G network and enable it to provide services such as machine-to-machine communication, network slicing, and ultra-low latency

Ericsson partners with Reliance Jio to build 5G standalone network

Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone (SA) network in the country. The announcement follows the allocation of 5G spectrum in the recently concluded auctions in India. This is the first partnership between Jio and Ericsson for radio access network deployment in the country, according to a release. Akash Ambani, Chairman of Reliance Jio, said, "We are delighted to partner with Ericsson for Jio's 5G SA rollout...We are confident that Jio's 5G network will accelerate India's digitalisation and will serve as the foundation for achieving our nation's 'Digital India' vision". Jio's Standalone 5G network deployment marks a "technology leap" since it modernises the network infrastructure to deliver a truly transformative 5G experience to consumers and enterprises, the release said. Borje Ekholm, President and CEO of Ericsson, noted that India is building a world-class digital infrastructure that will dr

Nokia to scale up mfg in India by 1.5x to support its 5G service rollout

The firm is supplying radio access networks to Ericsson and Reliance Jio for their 5G networks from its Chennai plant. Vodafone Idea is yet to finalise its contract as it awaits fresh funding

5G spread in India to be among fastest in the world: Ericsson's Mirtillo

Both Airtel and Jio have been testing O-RAN technology for 5G services