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
Kraton Performance Polymers, Inc. (KRA), Wednesday reported second-quarter net income of $11.1 million or $0.33 per share, up from $3.8 million or $0.12 per share last year. Adjusted earnings improved to $0.46 per share from $0.15 per share last year. Revenues for the quarter dropped to $323.8... Organic grocer Whole Foods Market, Inc. said Wednesday after the markets closed that its third quarter profit rose 6.3% from last year, as same-store sales increased 3.9%. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell shy of analyst' forecast. Micro-blogging site Twitter Inc said Tuesday after the markets closed that its second quarter loss widened from last year, hurt mainly by stock-based compensation expense, even as revenue more than doubled thanks to growth in advertising. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
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.