About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Sunday, October 24, 2010

Ericsson Hit by Component Shortages

Ericsson said its sales in the third quarter for comparable units, adjusted for currency movements, fell 5% year-over-year to 47.5 billion Swedish krona (7.17 billion US dollars). Ericsson said component shortages cost it between 2 billion and 3 billion krona in sales in the quarter.

Ericsson said the global mobile infrastructure market continued to decline in the first half of 2010, although at a slower pace than in 2009, measured in US dollars. But the Stockholm-based company noted that, in the second quarter, operator revenues had increased for three consecutive quarters and "the fundamentals for longer-term positive development for the industry remain solid."

Ericsson estimated that WCDMA networks now cover around 35% of the world’s population and that almost all of these networks have also launched HSPA. Ericsson said that, on average, mobile data revenues, including SMS, now constitute almost 30% of total service revenues, up from 26% a year ago.

Ericsson estimated that global mobile subscriptions increased by 176 million in the third quarter, reaching 5.1 billion, with GSM/GPRS/EDGE accounting for 127 million of the net additions.

Ericsson said that fixed broadband subscriptions reached nearly 487 million during the second quarter of 2010, with China accounting for 24% of subscriptions, or 115 million, and the United States, 83 million. source: Ericsson statement

No comments: