Terence Tsui's questions to Telefonaktiebolaget LM Ericsson (ERIC) leadership • Q3 2024
Question
Terence Tsui from Morgan Stanley asked about the outlook for the Indian market in 2025, considering new contracts, and inquired about the evolution of gross margins in that region.
Answer
CEO Börje Ekholm deferred specific 2025 guidance to the next quarter's call. He expressed long-term optimism for the Indian market due to rapid digitalization. While declining to comment on regional margins, he noted that global product harmonization has made Ericsson's overall gross margin more resilient and less sensitive to geographic mix than in the past.