Ericsson (NASDAQ:ERIC) saw its lead increase in the mobile telecom market during the first quarter, selling more wireless infrastructure equipment than its two closest competitors combined--Nokia Siemens Networks and Huawei Technologies--according to a new report from Dell'Oro.
Ericsson saw its market share surge to 40 percent from 35 percent a year ago. Meanwhile, NSN and Huawei witnessed their shares dropping to 18 percent and 16 percent, respective. Both companies had a 20-percent share last year.
Meanwhile, No. 4 Alcatel-Lucent (NASDAQ:ALU) saw its market share rise in the first quarter, to 15.5 percent from 14 percent last year, as the company benefited from its strong position in the North American market. Ericsson also benefited from the North American market.
Dell'Oro said that investments in LTE networks in North America helped increase the overall mobile network equipment market by 21 percent over last year to $9.7 billion.
For more:
- see this Reuters article
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