Ericsson crosses milestone of 1B subs covered by managed services deals

Ericsson (NASDAQ:ERIC) said there are now more than 1 billion subscribers on networks for which it provides managed services, a milestone it crossed sometime in the first quarter. The company said the milestone represents not only a significant achievement for itself but also for the wider industry as vendors change the nature of how they work with carriers. Ericsson said 26 percent of the 1 billion subscribers are in Europe, 21 percent are in India and the Americas each, 19 percent are in Africa and the Middle East and 13 percent are in Asia. Article

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