Ericsson pushes eastwards to capitalize on hunger for advanced networks

The world number one mobile network equipment maker, ahead of China’s Huawei and Finland’s Nokia, is seeing marked growth in the Middle East, China, India and Russia.

Founded in 1876, Sweden’s Ericsson has seen it all. The telecom company has in recent years seen a push eastwards, the significance of which was highlighted with North American operators cutting investment in high-speed networks.

The world number one mobile network equipment maker, ahead of China’s Huawei and Finland’s Nokia, is seeing marked growth in the Middle East, China, India and Russia which offsets the North American sales drop, however.

 
 
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Source News: alarabiya.net
File Photo: Reuters