Tags: EU | Sweden | Ericsson

Ericsson Sees Strong Growth for Mobile Broadband

Wednesday, 05 May 2010 10:23 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The CEO of Swedish wireless equipment maker LM Ericsson AB forecasts a boom in the mobile broadband market, expecting the number of users worldwide to grow to 3.5 billion in 2015 from today's 400 million.

Hans Vestberg says smartphones and other new mobile devices are driving the growth and that operators have begun adapting tariffs and prices to better meet customer needs.

Vestberg says Ericsson is exploring new markets beyond the traditional telecom sector, "such as cable and TV-companies, governments, healthcare, transport and utilities."

He was speaking Wednesday at Ericsson's Capital Markets Day in Stockholm.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

GOP Plans Positive Senate Changes

Thursday, 18 Sep 2014 14:45 PM

Senate Republican leadership is working on a positive agenda for the first 100 days of the next Senate, if control of th . . .

Minimum Wage Hike Will Kill Fast-Food Jobs

Friday, 12 Sep 2014 09:28 AM

There are two basic problems with these fast-food fundamentalists and their demand for higher wages. . . .

Media Bias Condemns Ray Rice

Thursday, 11 Sep 2014 13:46 PM

Let's get to the burning national media issue of the week: Ray Rice and spousal abuse. All the professional media morali . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved