Vodafone Idea is likely to begin investing in 5G roll-outs in the coming quarters. Mirtillio said Ericsson is in talks with Vi for the 5G rollout.
“We will support them to get back in action. India’s big, so there is space for three players." India, which is the second largest market by sales for the Swedish telecom gear maker after the US and has the potential to be an even stronger contributor to its sales of XX billion and may raise its share past 13% achieved in Q2FY4.
“If we’ve seen a leap from 4% to 15%, there’s room for further progress. It’s crucial to emphasize that India holds immense significance as a market." According to Mirtillo, Ericsson has significantly increased its investments and commitment to India, expanding presence and leading initiatives in 6G research as well as artificial intelligence.
He also expects 6G technology to be deployed even faster than record one-year deployment of 5G.“This is precisely why we have made an investment in India, to not only support the Centre in achieving this goal but also to align with its unique needs in the emerging 6G landscape. We’ve made significant investment in India and expect to expanding presence in the country." Earlier the decisions were largely driven by the availability of highly skilled talent and labour arbitrage, but today it is determined by scale of opportunities and a conducive business environment, he added."Exciting news! Mint is now on WhatsApp Channels
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