NSN India Q2 revenue touches 151 million euros

Nokia Solutions and Networks (NSN) India has posted 151 million euros revenue in Q2 2013. In India, Ericsson ($195 million revenue in Q2) is slightly behind NSN which clocked $201 million revenue in the second quarter.

In the first half of 2013, NSN India revenue was 314 million euros.

Earlier last month Nokia Solutions Networks announced its second quarter revenue dipped 17 percent to €2.781 billion ($3.64 billion) from €3.343 billion in the same quarter of 2012.

In India, Ericsson ($195 million revenue in Q2) is slightly behind NSN which clocked $201 million revenue in the second quarter.

For comparison, Ericsson India revenue decreased 25 percent to $195 million (SEK 1,279 million) in the second quarter of 2013 against SEK 1,700 million in the same period previous year. Sequential growth of Ericsson India was 13 percent.

Ericsson India earlier said business volumes declined as operators continued to invest cautiously mainly due to sustained regulatory uncertainty and weak macroeconomic development. The growth in services was driven by a new managed services contract. ( Ericsson India revenue dips 25% to $195 million in second quarter )

Meanwhile, NSN India head and VP Sandeep Girotra — addressing a press meet in Delhi on Monday — said that the telecom industry is getting out of current regulatory challenges. “Investments in 2G, 3G and 4G will increase in coming months. We are gearing up to address telecom operator demands in India,” Girotra added.

NSN recently signed Wi-Fi offloading deals with two telecom operators in India. These top telecoms will utilize NSN solutions to offload Wi-Fi. The scope of the deal will be to integrate Wi-Fi.

Girotra says modernization and upgrade will drive cross networks across operators. Radio modernization — a business opportunity for NSN — is expected to reduce Opex and improve efficiency and future proof network for Indian telecoms.

NSN currently works with telecoms such as Bharti Airtel, Vodafone, Idea Cellular, Videocon, Aircel, Tata Teleservices, BSNL, etc.

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Reduced wireless infrastructure deployment activity negatively impacted NSN, which will be 100 percent owned by Nokia after its split from Siemens, the company said.

Girotra says the new look NSN will not make any changes in the strategies and directions of the company. The main focus will be on mobile broadband across the globe. In the last few quarters, NSN divested its microwave, WiMax, billing, IPTV, etc. to strengthen focus on mobile broadband.

While announcing the quarterly results, the company had said except North America, all telecom geographies did not contribute to NSN’s growth in the second quarter. The growth in the North America region was 16 percent.

The decrease in sales growth in Latin America was 9 percent.

Sales in European telecom markets decreased 22 percent.

Middle East & Africa’s contribution to Q2 sales decreased 12 percent.

Sales in both Greater China and Asia Pacific — India is a part of this region — decreased 24 percent. NSN has posted lower sales in Japan. Constrained operator spending in anticipation of a technology shift to TD-LTE impacted its growth in China.

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