Ericsson CEO: India a Critical Market, Employs 25,000, Leads in Telecom Tech
Business
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Moneycontrol•20-01-2026, 16:57
Ericsson CEO: India a Critical Market, Employs 25,000, Leads in Telecom Tech
- •Ericsson CEO Börje Ekholm stated at the World Economic Forum in Davos that India is one of the company's most important global markets.
- •Ericsson employs nearly 25,000 people in India, making it a significant employment hub for the company worldwide.
- •Ekholm highlighted India's rapid transformation in the telecom market, moving from being a generation behind to being at the forefront of technology.
- •The CEO attributed India's progress to significant growth in data traffic and digital services, leading to high data consumption per subscriber.
- •Ekholm contrasted India's consolidated telecom market with Europe's fragmented one, emphasizing the importance of scale for operator profitability.
Why It Matters: India is a crucial market for Ericsson, leading in telecom technology adoption and employing 25,000 people.
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