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Ericsson to rake in $1-bn additional revenues in 2 years

The world's largest telecoms gearmaker, Ericsson, expects to rake in over USD 1 billion in additional revenues over the next two years by executing a slew of managed services contracts from India for large telecom firms in Latin America, reports The Economic Times.

March 04, 2011 / 19:05 IST

The world's largest telecoms gearmaker, Ericsson, expects to rake in over USD 1 billion in additional revenues over the next two years by executing a slew of managed services contracts from India for large telecom firms in Latin America, reports The Economic Times.


Ericsson's wholly-owned Indian arm, Ericsson India Global Services, is already managing telecom networks in the US, Europe, Africa and Middle East.


The report said, although its global service centre in Mexico has a timezone advantage, the company plans to leverage its pool of certified engineering resources besides cost-efficiencies in India to support telecom companies across Latin America, said Amitabh Ray, Senior Vice-President, Ericsson India Global Services.

Source: The Economic Times

first published: Mar 4, 2011 07:02 pm

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