Ericsson, the largest supplier of mobile networks, said that its revenues fell 20% year-on-year in the fourth quarter of 2009 to 58.3 billion Swedish krona (8.08 billion US dollars) on a like-for-like basis. The Stockholm-based company blamed the fall on weak sales of GSM equipment in Central Europe, the Middle East and Africa.
Ericsson also said that WCDMA uptake is accelerating and grew by 38 million connections in the fourth quarter to a total of 452 million, of which 185 million are estimated to be HSPA. In the third quarter of 2009, fixed broadband connections grew 15 million to 438 million, according to Ericsson. source: Ericsson statement
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