Nokia Siemens Networks made strong gains in the mobile telecom equipment market in the third quarter, narrowing the gap with market leaders Ericsson and Huawei , telecoms industry research firm Dell'Oro said on Tuesday.
Siemens reported record third quarter profits last month on the back of
deals to help build new high-speed wireless technology networks. This
marked a major turnaround for the partnership that has hurt profits at
owners Nokia and Siemens since it was set up in 2007.
Siemens Networks had a good quarter driven by revenues that were
recognised with KDDI and Softbank," said Dell'Oro analyst Stefan
Nokia Siemens' overall market share rose to 20 percent
from 18 percent last quarter, Dell'Oro said. It also estimated the
venture overtook Alcatel-Lucent's No. 2 position in the high-speed wireless technology network market.
leader Ericsson saw its overall share slip to 34 percent from 35.5
percent in the previous quarter, while No. 2 Huawei's share was
unchanged at 22 percent, Dell'Oro said.
Telecom equipment makers
are all facing pricing pressures and slower spending by telecoms
companies. The overall market shrank 11 percent in the third quarter
from a year ago, Dell'Oro said.
© Thomson Reuters 2012