The global wireless BTS infrastructure market revenues declined by 15.7% for the third quarter of 2009 to USD $10.4 billion compared with the third quarter of 2008, according to the latest report from EJL Wireless Research titled: "Global Wireless OEM Financial Results Q3 2009."
"Wireless revenues showed a sequential decline which is not surprising given the seasonally weak Q3. But our concern is that Q4 may not be as robust as in prior years due to continued tight credit conditions in key emerging markets such as Africa, Eastern Europe and Latin America," says founder and President, Earl Lum. The report provides a unique perspective on the global wireless infrastructure revenues for major wireless OEMs including Alcatel-Lucent, Ericsson, Motorola, Nokia Siemens Networks, Nortel Networks, and ZTE.
"Wireless revenues for the first nine months of 2009 are down 19.4% from 2008 levels. With an expected sequential growth quarter for Q4, we reiterate that the wireless infrastructure market may drop 15-20% in revenues for 2009 on a USD basis as the decline in the 2G GSM market offsets deployments in 3G," says Lum. We believe that the results offer a realistic snapshot for the industry on how the overall market is progressing for 2009.
This report presents a financial analysis of the third quarter of 2009 for the following wireless OEMs:
- Nokia Siemens Networks
- Nortel Networks