Ericsson: Revenue from China to rise 10%

Ericsson expects to generate at least 10 percent more revenue in China this year and next because of strong growth in mobile users in the country and investment by service operators. Ericsson's operations in greater China contributed about 7 percent of the company's total revenue of about $20.9 billion for the January-September period.

"As mobile traffic continues to grow in China, the mobile operators will continue to expand network capacity; this will also boost the revenue for equipment vendors," Ericsson Greater China President Mats Olsson said.

For more on China's growth and its effect on Ericsson:
- read this WSJ article (sub. req.)

Suggested Articles

The Wi-Fi community is finally getting a much-needed infusion in the form of spectrum in the 6 GHz band.

AT&T boosted its millimeter wave spectrum holdings following the FCC’s latest 5G auction, increasing its 39 GHz position by more than 100%.

It’s the end of the era for Sprint as T-Mobile US announced it officially completed its merger with Sprint to create the new T-Mobile.