Nokia’s India sales declined for the fourth quarter in a row as Reliance Jio and Bharti Airtel scaled back on network capital expenditure. Similarly, Ericsson experienced a 44% drop in sales in the region. Both companies are now relying on contracts with Vodafone Idea for 4G and 5G equipment to support future growth.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.