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    ERICSSON, LEADER IN TELECOMMUNICATIONS SHIPMENTS TO RUSSIA

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    MOSCOW, March 3 (RIA Novosti) - The Swedish company Ericsson has for the first time officially cited its sales volume to Russia, which proved to be less than real due to rounding off the last year results. According to experts, last year Ericsson was the biggest supplier of telecommunications equipment to the Russian market, the daily Vedomosti writes.

    Ericsson president in Russia Eddie Ahman has confirmed that his company rounds off sales in different countries to percent of its world sales.

    In official figures, last year Ericsson's earnings stood at 18 billion dollars, Russia's share being 3 percent of the sum.

    Russia's real share is 3.5 percent. The rounding off has led to the loss of 90 million dollars in the company's Russian statistics, believes ACM-Consulting managing partner Mikhail Alexeev.

    While in 2003 it was impossible to name the leading supplier (Alcatel, Ericsson and Siemens sales in Russia were almost equal), last year Ericsson noticeably widened the gap thanks to the supply of equipment for mobile communication, above all for VympelCom.

    According to the 2004 statistics of the import of telephone communication equipment, Russia imported 1.1 billion dollars worth of equipment with Ericsson having 21 percent, Alcatel 14 percent, Huawei 8 percent, says chief editor of the Telecom in Russia website Alexei Kondrashov.

    On results of 2004, the Ericsson volume of sales to Russia was 3.96 billion Swedish kronor, or 540 million dollars. In the figures of the company's analytical market studies section, last year Ericsson accounted for 30 percent of all investments in mobile communication equipment in Russia.

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