Nokia Siemens gains market share in telecom equipment -Dell'Oro

HELSINKI Tue Nov 13, 2012 3:16pm IST

The logo of the telecommunications services company Nokia Siemens Networks is pictured on top their office in Berlin October 9, 2012. REUTERS/Fabrizio Bensch/Files

The logo of the telecommunications services company Nokia Siemens Networks is pictured on top their office in Berlin October 9, 2012.

Credit: Reuters/Fabrizio Bensch/Files

Related Topics

Stocks

   

HELSINKI (Reuters) - Nokia Siemens Networks NOKI.UL made strong gains in the mobile telecom equipment market in the third quarter, narrowing the gap with market leaders Ericsson (ERICb.ST) and Huawei HWT.UL, telecoms industry research firm Dell'Oro said on Tuesday.

Nokia 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 (NOK1V.HE) and Siemens (SIEGn.DE) since it was set up in 2007.

"Nokia Siemens Networks had a good quarter driven by revenues that were recognised with KDDI and Softbank," said Dell'Oro analyst Stefan Pongratz.

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 (ALUA.PA) No. 2 position in the high-speed wireless technology network market.

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.

(Reporting By Tarmo Virki. Editing by Jane Merriman)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Reuters Showcase

Huge Demand

Huge Demand

Apple receives record pre-orders for new iPhones.  Full Article 

Deal Talk

Deal Talk

Microsoft to acquire Minecraft maker Mojang for $2.5 billion.  Full Article 

New Practices

New Practices

Startups go Dutch for new era in manufacturing.  Full Article 

Alibaba IPO

Alibaba IPO

Alibaba to boost IPO size on "overwhelming" demand - sources.  Full Article 

Apple's HealthKit

Apple's HealthKit

Two Apple medical trials shed light on how HealthKit will work.  Full Article 

App Watch

App Watch

Apps help brides track down the perfect bridal gown.  Full Article 

Electric Cars

Electric Cars

Exclusive: Nissan faces battery plant cuts as electric car hopes fade.  Full Article 

Reuters Insight

Reuters Insight

Simon Xie: Jack Ma's unassuming lieutenant at Alibaba.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage