The gear maker has been witnessing a fall in sales as telecom operators Jio and Airtel have completed the 5G network rollout. “Networks sales declined primarily reflecting more normalized operator investment levels in India,” Ericsson said in its earnings statement.
Ericsson India’s revenue falls 28% y-o-y to ₹3,360 crore in Jan-March
Related Posts
Royal welcome on foreign soil: PM Modi driven by Jordan Crown Prince, Ethiopian PM; ties on display
Prime Minister Narendra Modi received rare personal courtesies on his Jordan and Ethiopia visits, with top leaders personally escorting and driving him. These gestures highlight the warmth and trust in…
Read moreElectoral reforms debate: Opposition flags anti-defection lapses; calls for tighter law
Opposition members in Rajya Sabha demanded reforms in the anti-defection law and electoral processes, citing defections and voter list issues that undermine the people’s mandate. The government defended the special…
Read more