Ericsson plans to garner $1-bn additional revenues

KOLKATA: The world’s largest telecoms gearmaker, Ericsson, expects to rake in over $1 billion in additional revenues over the next two years by executing a slew of managed services contracts from India for large telecom firms in Latin America.

Ericsson’s wholly-owned Indian arm, Ericsson India Global Services, is already managing telecom networks in the US, Europe, Africa and Middle East.

Although its global service centre in Mexico has a timezone advantage, the company plans to leverage its pool of certified engineering resources besides cost-efficiencies in India to support telecom companies across Latin America, said Amitabh Ray, Senior Vice-President, Ericsson India Global Services.

“Ericsson’s global services centre in India will work closely with its counterpart in Mexico to address the huge opportunity that exists in the Latin American telecoms spectrum,” he said.

He did not disclose the names of telecom firms whose networks will be managed from India but said they could include fixed-line operator Telefonica Brazil, Costa Rican cable TV player CableTica Costa Rica besides Mexican mobile phone companies Telcel and Telefonica Moviles.