On the mobile broadband highway
In terms of employee base, India is the largest region for Ericsson, globally with 18,000 of its employees stationed in India. It did not lay-off staff even in the tough market, which perhaps is one of the reasons for its marginally negative growth. The company is expecting business to pick up steam. Ericsson’s confidence in the India market is not misplaced. Last fiscal, even with the industry grappling weak macroeconomic environment and other challenges, Ericsson grew its share in Managed Services with the implementation of $1 billion multi-year converged (wireline and wireless) managed services deal, the company had bagged in February 2013.
Its initiatives to address the growth in data consumption n across mobile networks continued through the year in operator engagements spanning – 2G, 3G and OSS/BSS. Some key ey initiatives included deploying Wi-Fi solutions for managing mobile broadband load on spectrum deficient networks and scaling internal OSS/BBS solutions to better monetize data services.
With a stable new Government at the centre, talking about building a broadband highway and having plans to leverage technology in areas such as education and health among others, the business environment can only get better for Ericsson telecom industry biz.