Ericsson strong on broadband, mobiles

May 10, 2006

Strong demand for broadband worldwide and for mobile phones in developing countries is keeping the telecom industry strong, the head of Ericsson said.

"Broadband is becoming a basic necessity in today's information society, and it is now the fastest growing segment in the entire telecom industry," said Chief Executive Carl-Henric Svanberg at a New York industry conference. "The strong subscriber growth continues in both mobile networks and in fixed broadband. Indeed, we will reach three billion mobile subscriptions by 2007."

"Ericsson stands to benefit from the growth of broadband in the coming years. We have a leading position in WCDMA and HSPA and will continue to drive the upgrade to mobile broadband. With the Marconi portfolio we have expanded our offering to secure a leading position in transport and transmission. We have also strengthened our position significantly in fixed broadband access," he added.

Copyright 2006 by United Press International

Explore further: Nokia profit grows as networks division leads turnaround

Related Stories

Nokia profit grows as networks division leads turnaround

July 30, 2015

Nokia enjoyed a solid 60 percent rise in net profit in the second quarter, with a good performance in its core networks division suggesting the Finnish company is succeeding in turning its business around since selling its ...

Tim Armstrong reinvents a flagging AOL

May 19, 2015

In 2009, when Tim Armstrong took over as chief executive of AOL Inc., he faced a daunting task: Turn around a company that had gone from an Internet pioneer to near obsolescence in less than a decade.

Nokia in talks to take over Alcatel-Lucent (Update)

April 14, 2015

Finnish telecoms equipment maker Nokia said Tuesday it was in talks to purchase all of its Franco-American rival Alcatel-Lucent, with the aim of creating a telecoms and Internet technology behemoth.

Putting net neutrality in context

February 27, 2015

After much litigation, public demonstration and deliberation, the US Federal Communications Commission (FCC) voted 3 to 2 to adopt open internet rules. While the substantive details of the decision are not yet known, the ...

Nokia turns to fourth quarter profit buoyed by strong growth

January 29, 2015

Nokia made a net profit of 443 million euros ($502 million) in the fourth quarter and sales grew nearly 10 percent, but its share price fell Thursday as the results were offset by a poor performance in some regions, higher ...

Recommended for you

Smart home heating and cooling

August 28, 2015

Smart temperature-control devices—such as thermostats that learn and adjust to pre-programmed temperatures—are poised to increase comfort and save energy in homes.

Smallest 3-D camera offers brain surgery innovation

August 28, 2015

To operate on the brain, doctors need to see fine details on a small scale. A tiny camera that could produce 3-D images from inside the brain would help surgeons see more intricacies of the tissue they are handling and lead ...

Team creates functional ultrathin solar cells

August 27, 2015

(Phys.org)—A team of researchers with Johannes Kepler University Linz in Austria has developed an ultrathin solar cell for use in lightweight and flexible applications. In their paper published in the journal Nature Materials, ...

Interactive tool lifts veil on the cost of nuclear energy

August 24, 2015

Despite the ever-changing landscape of energy economics, subject to the influence of new technologies and geopolitics, a new tool promises to root discussions about the cost of nuclear energy in hard evidence rather than ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.