4G Connections In India To Reach 100 Million By 2020: Ericsson

"The Ericsson psi solution provides 3G coverage and reduced costs. It has been shown to reduce power consumption by up to 40 per cent compared to earlier installations with same coverage. This translates into a 240 watt power saving per site or 550 litres of diesel saved annually.

"The new base band that we have launched can handle high traffic compared to our competitors. The other part where India can efficiently use spectrum is through sharing," Bansal said.

He cited example of spectrum allocated to government organization who do not use spectrum all the time.

"Suppose Defence has spectrum but they are not using it say for a week then there spectrum can be utilized for commercial purpose. India can work on this aspect," he said.

Ericsson here announced that it will focus on IT services as well apart from telecom network equipment as modern high speed networks will need content to drive network usage.

"Keeping with the new trends being observed the company was putting a fresh focus beyond its core Business into areas like Cloud (computing) and IP (internet based network), industry and society, media transmission and OSS BSS (operation and billing softwares," Ericsson Chief Strategy Officer Rima Qureshi said.

Read More: India Inc Hails Surprise Rate Cut By RBI
Watch Out For The Biggest IPOs In 2015