Ericsson India revenue in Q4 2014 grew 20 percent to SEK 2.4 billion or $289 million.
The quarter-on-quarter growth was 18 percent, said Ericsson.
India, based on Ericsson revenue in 2014, contributes 4 percent revenue to Ericsson global, while the United States 24 percent, China 6 percent, Japan 4 percent and Italy 4 percent.
Ericsson India, headed by Chris Houghton, has clocked SEK 1.2 billion from networks, SEK 1 billion from global services and SEK 0.2 billion from support solutions.
Network business of Ericsson India rose 1 percent, global services 38 percent and support solutions 127 percent in Q4 2014. Ericsson India has an employee base of 19,971 in the country.
Ericsson India said Q4 2014 sales increased y-o-y mainly due to higher operator spending driven by continued growth in mobile data traffic. Global Services sales showed a strong development mainly as a result of the first pan-India managed services contract.
The company said its 2014 revenue from India rose 25 percent to SEK 7.7 billion or $927 million.
Sales growth in 2014 was driven by mobile broadband infrastructure investments. Increased smartphone penetration drove growth in mobile data usage.
Baburajan K
editor@telecomlead.com
