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
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