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Wireless

Ericsson sees small slowdown in market growth

Tuesday 10 November 2015 | 09:16 CET | News
Ericsson forecast a slightly slower rate of growth for the global telecom market in the coming period, but said it still expects to outperform the market. At its latest Capital Markets Day, the company said the total addressable market will show an estimated CAGR of 2-4 percent in 2014-2018, compared to a forecast of 3-5 percent growth for 2013-2017. In addition to growing its core business of radio, core and transmission network equipment, Ericsson outlined adjacent targeted areas where it expects to exceed the market CAGR of 10 percent per year. These areas - cloud, IP networks, TV and

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Categories: Mobile & Wireless
Companies: Cisco / Ericsson
Countries: World
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