Ericsson Expands Horizons

Ericsson CEO Hans Vestberg: "Less than 5% of the world's population has access to 21 Mbit/s or more in the air, at least 1.5 million installed GSM radio base stations must be replaced and in addition we see continued need for services in fields such as consulting, system integration and managed services. We estimate that our addressable market, including joint ventures, is worth 350 billion US dollars." source: Ericsson statement