Ericsson India adds 4,825 employees in 2011, showing 72% growth

By Telecom
Lead Team: Mobile infrastructure major Ericsson India has added 4,825 employees
in India in 2011.

At the end
of December 2011, Ericsson India’s employee base stood at 11,535 compared with
6,710 in December 2010.

 

The
substantial increase in manpower in India was because its managed services
business.

 

Globally,
total number of employees at the end of 2011 amounted to 104,525 (90,261), an
increase by 3,635 from end September, 2011.

 

For
the full year the net number of employees increased by 14,264, of which 12,330
in services, 1,770 in R&D and 995 in supply. In other job areas, there were
reductions or flat development in the number of employees. In 2011, 1,334
people joined Ericsson through acquisitions and 3,775 through managed services
agreements.

 

Ericsson
has 12,567 employees in China and North East Asia as compared with 9,807 in
December 2010.

 

Ericsson
India contributes 4 percent of revenue to total income of Ericsson. China chips
in 8 percent of sales. America currently contributes 21 percent of sales from
the earlier 23 percent.

 China and
North East Asia sales increased 15 percent year-over-year, 13 percent
sequentially and 47 percent for the full year. The year-over-year increase is
mainly related to broad introduction of smartphones by all operators leading to
continuous growth in mobile broadband in the region together with steady growth
of mobile subscriptions. The extraordinary high level of GSM shipments in China
during the first three quarters of the year, was normalized during the quarter.
At the end of the quarter, the business mix started to change with relatively
higher share of LTE sales in Korea and in Japan there was a substantial amount
of project completions.

 

Ericsson
India clocks 13 percent increase in 2011 income at SEK 9.8 billion

 

Ericsson India has posted SEK 9.8 billion in 2011 revenue,
registering 13 percent increase over SEK 8.6 billion in 2010. India sales
decreased 46 percent in Q4 2011 year-over-year to SEK 1.5 billion. Networks
sales were positively impacted by the initial 3G rollouts in the first half of
the year.

 

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