Ericsson clocks healthy second quarter
“The potential for the Networked Society is rife in region Middle East, as LTE subscriptions are predicted to grow 50 times by 2020 reaching 210 Million; which outpaces the global growth rate. Our quarter on quarter growth of 44 percent is a clear indication of the fast technological transformation that the region is currently witnessing. While network infrastructure remains at the core of our business, we are expanding into emerging areas of IoT, cloud based services, network security and agility to prepare for emerging innovations.” said Rafiah Ibrahim, President at Ericsson Region Middle East and East Africa.
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