Ericsson, the world's leading supplier of mobile networks, said its sales in the fourth quarter rose 7% year-on-year on a like-for-like basis to 62.8 billion Swedish krona (9.58 billion US dollars). Ericsson said sales of mobile broadband equipment, including radio, backhaul and evolved packet core, increased in the quarter, driven by strong demand in the US and Japan, in particular.
Ericsson said that global mobile broadband subscriptions increased 30% in 2010, driven by strong sales of smartphones, and it forecast that mobile data traffic will almost double annually over the coming years. The Swedish company added that, on average, smartphones generate approximately 10 times more traffic compared to feature phones, while a mobile PC user generates 100 times more traffic than a feature phone use.
Ericsson also said that global mobile penetration is now 76% and total mobile subscriptions have reached 5.3 billion. It added that global fixed broadband subscriptions grew by 17 million to reach 504 million during the third quarter of 2010, mainly boosted by strong growth in DSL in China.
Ericsson said WCDMA networks cover more than 35% of the world’s population and almost all of these networks have also launched HSPA. source: Ericsson statement