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India a Bright Spot for Global 4G Equipment Makers

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India has emerged as a bright spot for telecom gear vendors like Ericsson, Nokia and Huawei at a time the global market is in a downturn with demand for 4G mobile broadband equipment peaking last year, with upgrades to next-generation 5G equipment still years away.

“4G globally has reached a level of maturity, and the outlook view from all the companies has been pretty much common that we will have slower pace. India is in a different space,” Paolo Colella, head of region India for Ericsson, told ET in an interview. “India still needs very large amount of infrastructure deployment and modernization.” Read more

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Sweekar S

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