{"id":832836,"date":"2024-07-15T10:52:12","date_gmt":"2024-07-15T05:22:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832836"},"modified":"2024-07-15T10:52:12","modified_gmt":"2024-07-15T05:22:12","slug":"ericssons-se-asia-oceania-india-sales-fall-44-yoy","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/15\/ericssons-se-asia-oceania-india-sales-fall-44-yoy\/","title":{"rendered":"Ericsson&#8217;s SE Asia, Oceania, India sales fall 44% YoY"},"content":{"rendered":"<p>New Delhi: Swedish telecoms gear maker Ericsson has reported a 44% on-year fall in sales in the second quarter of calendar 2024 in market area Southeast Asia, Oceania and India, primarily due to a moderation in network capex spends by India&#8217;s top two telcos, Bharti Airtel and Reliance Jio, post-completion of their pan-India 5G rollouts.<\/p>\n<p>Ericsson&#8217;s sales in the Southeast Asia, Oceania and India market area plunged to 7.7 billion crowns (\u20b96,116 crore approx) in Q2 2024, from 13.8 billion crowns (\u20b910,961 crore) in the year-ago period. Sequentially, the vendor&#8217;s net sales in this region was down 10%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Swedish telecoms gear maker Ericsson has reported a 44% on-year fall in sales in the second quarter of calendar 2024 in market area Southeast Asia, Oceania and India, primarily due to a moderation in network capex spends by India&#8217;s top two telcos, Bharti Airtel and Reliance Jio, post-completion of their pan-India 5G rollouts. Ericsson&#8217;s sales in the Southeast Asia, Oceania and India market area plunged to 7.7 billion crowns (\u20b96,116 crore approx) in Q2 2024, from 13.8 billion crowns (\u20b910,961 crore) in the year-ago period. Sequentially, the vendor&#8217;s net sales in this region was down 10%.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-832836","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832836"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832836\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}