On Apr 9,
) was selected by Far EasTone, a Taiwan-based telecommunications
operator as the primarily supplier of its Long Term Evolution
(LTE) radio and core network. Financial details of the deal were
The scope of the contract requires Ericsson to provide
hardware, software and support services, rolling out a
multi-access radio access networks (RAN) and core network for
both 3G and 4G services, along with network optimization
With the deployment of Ericsson's LTE network, Far EasTone
will offer its customers improved speed and reliability, with the
prospect to expand with growing future needs. With the nationwide
installation of Ericsson's network, Far EasTone subscribers will
be able to access speeds of up to 150 Mbps/50 Mbps
(downlink/uplink) with 20 MHz LTE frequency bandwidth for
smartphone and mobile broadband use.
Apart from the LTE implementation, the contract also requires
Ericsson to put into operation its 4G Cell Broadcast System (CBS)
to aid the Taiwanese government and consumers to benefit from
disaster warning services.
Far EasTone is a leading company which provides
telecommunications and digital application services. The company
constantly introduces new products and services, utilizing access
technologies, including 2G, 3G, WiFi and WiMax. Given the rapid
growth of smart devices, Far EasTone plans to invest
significantly in the improvement of Internet infrastructure,
actively enhance the speed and quality of mobile networks,
upgrade base stations and expand the channel range.
Ericsson is the world's largest supplier of the LTE technology
with approximately 13% market share overall and more than 50%
share in the global LTE smartphone traffic. To date, Ericsson has
delivered more than 180 LTE RANs and Evolved Packet Core networks
across the globe, of which more than 110 have gone live. Prior to
this, the company received LTE projects from Nigeria-based
telecom provider, Smile Communications, for deploying a LTE radio
network, leveraging the multi-standard RBS 6000 family of base
stations and the compact and fully integrated AIR (Antenna
Integrated Radio) Antennas.
Currently, Ericsson carries a Zacks Rank #3 (Hold). Some other
wireless equipment stocks worth mentioning include
Juniper Networks Inc
). Juniper and Shoretel carry a Zacks Rank #1 (Strong Buy), while
Qualcomm carries a Zacks Rank #2 (Buy).
ERICSSON LM ADR (ERIC): Free Stock Analysis
JUNIPER NETWRKS (JNPR): Free Stock Analysis
QUALCOMM INC (QCOM): Free Stock Analysis
SHORETEL INC (SHOR): Free Stock Analysis
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