{"id":867670,"date":"2024-10-18T08:50:32","date_gmt":"2024-10-18T03:20:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867670"},"modified":"2024-10-18T09:14:40","modified_gmt":"2024-10-18T03:44:40","slug":"falling-sales-india-deals-a-blow-to-ericsson-nokia-in-latest-results","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/18\/falling-sales-india-deals-a-blow-to-ericsson-nokia-in-latest-results\/","title":{"rendered":"Falling sales: India deals a blow to Ericsson, Nokia in latest results"},"content":{"rendered":"<p>Telecom gear makers Ericsson and Nokia have witnessed a sharp decline in the sales from their India business for the fourth-straight quarter. The reason for the same can be attributed to a significant fall in capital expenditure levels of the telecom operator especially on the 5G networks. <\/p>\n<p>In the July-September quarter, Ericsson\u2019s India sales fell 68% year-on-year (YoY) to 3.09 billion Swedish crowns (around Rs 2,466 crore). On the other hand, Nokia India sales fell 43% YoY to 316 million euros (around Rs 2,874 crore) in constant currency terms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecom gear makers Ericsson and Nokia have witnessed a sharp decline in the sales from their India business for the fourth-straight quarter. The reason for the same can be attributed to a significant fall in capital expenditure levels of the telecom operator especially on the 5G networks. In the July-September quarter, Ericsson\u2019s India sales fell 68% year-on-year (YoY) to 3.09 billion Swedish crowns (around Rs 2,466 crore). On the other hand, Nokia India sales fell 43% YoY to 316 million euros (around Rs 2,874 crore) in constant currency terms.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,64,12],"tags":[],"class_list":["post-867670","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867670","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867670"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867670\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}