Leading communications technology and services provider
) recently reported that it has been selected to be the main
supplier of Taiwan based
Chunghwa Telecom Co., Ltd.
) for providing LTE (Long Term Evolution) solutions. The
financial terms of the deal remain undisclosed.
As per the contract, Ericsson is entailed to deploy LTE
solutions across the country while also providing the roll-out
services. The scope of the contract also requires Ericsson to
provide Radio Access Network (RAN) and Evolved Packet Core
solutions. Ericsson will be solely providing Mobility Management
Entity, IMS (IP Multimedia Subsystem) and Evolved Packet Gateway
on SSR 8020 (Smart Services Routers 8020) as part of its Evolved
Packet Core solutions.
The company will be deploying LTE RAN solutions in the core
areas of Taiwan including the Taipei city, which is one of the
most populated areas of the country. Taiwan has a significant
potential for expanding the LTE market as there is a high
adoption rate for new technologies. This is reflected by 127%
mobile penetration and about 80% 3G consumers in the country.
Chunghwa Telecom is the largest integrated telecommunications
operator in Taiwan. The company offers a full suite of telecom
services through fixed-line, mobile, and data networks throughout
Taiwan and to offshore islands. This was the first LTE tender by
the company for the nationwide roll-out.
Ericsson is the world's largest supplier of LTE technology
with approximately 13% market share overall and more than 50%
share in global LTE smartphone traffic. To date, Ericsson has
delivered more than 180 LTE RAN and Evolved Packet Core networks
worldwide, of which more than 110 have gone live.
Currently, Ericsson carries a Zacks Rank #3 (Hold). Some other
wireless equipment stocks worth mentioning include
Ubiquiti Networks, Inc.
). Ubiquiti carries a Zacks Rank #1 (Strong Buy), while Harris
carries a Zacks Rank #2 (Buy).
CHUNGHWA TELECM (CHT): Free Stock Analysis
ERICSSON LM ADR (ERIC): Free Stock Analysis
HARRIS CORP (HRS): Free Stock Analysis Report
UBIQUITI NETWRK (UBNT): Free Stock Analysis
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