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Ericsson’s global sales surge for the second quarter

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Stockholm: Telecom giant Ericsson reported a surge in global sales for the second quarter of the 2015-16 fiscal year, as the company executed its cost-savings program. 2000px-Ericsson_logo.svg

Sales in the second quarter totaled $7.05 billion, an 11 percent increase on the same quarter last year, Xinhua reported on Friday.

“The mobile broadband business in North America stabilized in the quarter, but remained at a lower level than a year ago,” CEO Hans Vestberg said.

Sales in China, the Middle East and India also contributed positively to Ericsson’s sales growth.

Ericsson’s gross margin dropped to 33.2 percent in the quarter, compared to 36.4 percent for the same period in 2014.

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Ericsson to Deploy 5G-ready LTE Equipment For Vodafone Idea

'Ericsson Radio System' is an end-to-end modular and scalable radio access network consisting of hardware, software, and services

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Ericsson on Wednesday said it would deploy 5G-ready LTE equipment for Vodafone Idea’s network in eight circles across India.

Under the contract, which has been signed for a three-year period, Ericsson would supply radio access and transport equipment from its “5G-ready Ericsson Radio System portfolio, including ‘MINI-LINK’ 6000 microwave backhaul solution”, the company said in a statement.

“Ericsson today announced that it has been selected by Vodafone Idea Ltd to provide and deploy 5G-ready equipment across select markets in India,” it said.

The deployments would provide Vodafone Idea’s network with advanced LTE capabilities, high capacity, low latency microwave backhaul and enable rapid deployment 5G services in future, the company said.

Ericsson
Ericsson rolls out export of 5G-ready telecom equipment. Flickr

According to the statement, Ericsson India has already begun radio access and microwave network consolidation and modernisation.

Consolidation of existing deployed base (2G and 3G) will be carried out to maximise spectrum on LTE, followed by ongoing optimisation of the network in order to enhance end-user experience, it said.

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‘Ericsson Radio System’ is an end-to-end modular and scalable radio access network consisting of hardware, software, and services.

MINI-LINK for microwave transmission is a “fully-integrated IP router portfolio, and fronthaul solutions – all managed by a common management system”. (IANS)