Blaming a tougher market environment, Ericsson said that is revenues fell 12% year-on-year, adjusted for currency movements, to 46.4 billion Swedish krona (6.72 billion US dollars) in the third quarter of 2009.
However, professional services sales increased 4% year-over-year in local currencies, while total service sales, including network rollout, now account for 40% of Ericsson's sales.
Ericsson said that global mobile subscriptions grew by 133 million in the third quarter to a total of 4.4 billion, while WCDMA subscriptions grew by 36 million to a total of 411 million. In the second quarter, fixed broadband connections grew to 422 million, adding 12 million subscribers, according to the Stockholm-based company. source: Ericsson statement
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