Ericsson stated today that number of broadband subscribers may jump from the actual 250 million to 2.2 billion in five years, stimulated by the exponential growth of the emerging markets.

The senior VP of sales and marketing Torbjorn Possne Said on an press conference in Singapore that the growth will be guided by the Asian and Latin American markets. Possne says there are currently 350 million users of fixed broadband worldwide, a number that should double by 2013.

Ulf Ewaldsson, head of the radio division, says that India is na example of fast growth for the company. “In India we are building a station every 11 minutes”, he says.

With 8 million broadband subscribers, Jan Signell, president of Ericsson Southeast Asia, hopes to reach the 40 million subscriptions mark within a few years, with the radio playing an important role in the growth.
Singapore Telecommunications recently chose Ericsson to expand its wireless broadband network and MoblieOne chose the company for the microwave and optical solutions divisions, says.
Signel added that Ericsson is looking for business in ultra-fast broadband network of Singapore, despite of not having any partnerships yet.