Tuesday, April 10, 2007

Ericsson's Svanberg Sees TV as Primary Driver in Networking

Television will be the leading driver of IP network growth, said Carl-Henric Svanberg, President and CEO of Ericsson, speaking at his company's Annual General Meeting in Stockholm. Ericsson's recent acquisitions Entrisphere and Redback Networks, that of Marconi last year and the public offer to acquire Tandberg Television, are premised on this belief.

In the mobile broadband arena, Svanberg underlined that HSPA is now a widespread technology, laying the foundation for applications such as mobile TV and mobile office.

This year 3 billion people will have a mobile phone and Ericsson expects that figure to grow to 4 billion before 2010.

Another important trend is telecommunications services - Ericsson's fastest growing area with an increase of 30 percent during 2006. Ericsson currently manages networks covering 100 million subscribers.