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Ericsson All Praise For MEA Region
July 2006 | Market Trend AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Sweden-based telecoms equipment vendor Ericsson - the largest supplier of mobile systems in the world - is confident of retaining its market lead despite the ongoing consolidation afflicting the global equipment industry, as vendors seek to achieve critical mass in R&D, marketing and supply. The vendor has reported consolidated sales figures of SEK44.166bn for Q206, up by 14.9% y-o-y, of which 69.7% derived from the sale of mobile network systems, while the sale of fixed-line network systems accounted for just 5.7% of total sales. As for net profits, this was up by 25% y-o-y to SEK5.7bn, although sequentially this was