Ericsson sees video driving tenfold rise in mobile data by 2021

Swedish telecoms network gear maker Ericsson raised its forecast for mobile data traffic, in a further boost to companies that benefit from rising numbers of consumers viewing online videos on platforms such as YouTube and Netflix. Ericsson, the world's top mobile network equipment maker, expects a tenfold surge in mobile data traffic globally between 2015 and 2021 as the number of smartphone subscriptions rise. Inge Heydorn, fund manager at Sentat Asset Management, which invests in telecom and