Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Ericsson's Network Equipment Market Share Declines In 2012

RELATED NEWS
Trade ERIC now with 

Swedish telecom equipment major LM Ericsson Telephone Co. (ERIC: Quote) on Friday announced preliminary market share estimates for 2012, noting that its share for the network equipment market declined to 24 percent from last year's 27 percent.

The decline mainly reflected lower market share for mobile network equipment of somewhat 35 percent in 2012 from 38 percent in 2011.

The company noted that the market share was negatively impacted by the ongoing technology shift in China where investments are moving from GSM to other technology areas where Ericsson has limited presence.

During 2011, Ericsson introduced a wider definition of the equipment market reflecting its research & development investments during the past years. This new definition includes the key segments Radio, IP and Transport as well as Core.

Meanwhile, the company maintained its share of the global installed base of radio base stations at 40 percent.

Ericsson's market share for LTE is twice as big as the largest competitor, measured in shipments for the full year 2012, making it the world's largest supplier of LTE.

In telecom services, internal market data indicates that the company increased its market share to 13 percent, benefited by strong year for Global Services, making it larger than any competitor in a fragmented market.

In Stockholm, Ericsson shares are currently trading at 80.50 Swedish kronor, down 0.10 kronor or 0.12 percent.

Register
To receive FREE breaking news email alerts for Ericsson and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Germany's unemployment increased unexpectedly in August as worsening economic activity weighed on job creation. In addition, consumer price inflation, at a four-and-a-half-year low, boosted the scope for more stimulus from the European Central Bank. The number of people out of work increased by a seasonally adjusted 2,000 persons to 2.901 million in August, the Federal Labor Agency reported. NASA has approved the development of the world's most powerful rocket, designed to take humans beyond Earth orbit and to Mars. NASA officials Wednesday announced they have completed a rigorous review of the Space Launch System (SLS) -- the heavy-lift, exploration class rocket under development - and approved the program's progression from formulation to development, something no other exploration Eurozone economic confidence weakened more-than-expected in August to its lowest level in eight months, underscoring rising pessimism amid heightened geopolitical tensions and stagnating economic recovery. The economic confidence index fell to 100.6 in August, the lowest score since December, from 102.1 in July, the European Commission said Thursday.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.