TeleGeography Logo

Ericsson raises 2004 forecast

23 Apr 2004

Mobile equipment supplier Ericsson has raised its growth forecast for 2004 following higher-than-expected results for the first quarter. The company said that full-year growth will be ‘slight to moderate’ following the release of the Q1 results, compared to a previous forecast of ‘flat figures or slight growth’. The company, which saw pre-tax profit grow to SKR4.3 billion from a SKR2.8 billion loss and sales jump 9% to SKR28.1 billion in the year to the end of March, attributed the results to growing traffic, network expansions and 3G rollout.


GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.