Ericsson projects network densification driven growth in India, anticipating increased data usage.

Ericsson anticipates network densification will drive its growth in India, fueled by rising data consumption. Managing director Nitin Bansal highlighted the potential for fixed wireless access, predicting data usage will increase from 29 GB to 68 GB per smartphone monthly by 2029. Despite a 44% drop in third-quarter business, Ericsson sees opportunities in 4G and 5G services and aims to collaborate with startups on network development and APIs to enhance telecom capabilities.

October 27, 2024
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