Ericsson posts 28% on-year fall in Q4 sales in South East Asia, Oceania & India region

NEW DELHI: Swedish telecom gear maker Ericsson on Friday reported a 28% year-on-year fall in sales to 8.4 billion crowns (Rs 6,636 crore) in the South East Asia, Oceania, and India region in Q4 2024 as top Indian telecom carriers Reliance Jio and Bharti Airtel scaled back their 5G investments.