Mobile broadband subscriptions are on track to surpass 1 billion in 2011 only months after reaching half a billion, Ericsson said on Tuesday, highlighting a key growth driver for the telecom sector.

“During the course of 2010, a significant milestone in terms of mobile broadband subscriptions was reached as their number surpassed the half-a-billion mark globally,” Ericsson, the world’s biggest mobile network gear maker, said in a statement. “Ericsson estimates that this number will double before 2011 ends.” Get the full story »