Leading telecom services provider
) is set to expand its global network through several new deals
in the telecom industry. The company recently announced that it
has been selected as one of the principal vendors by Japan-based
) for deploying the LTE (Long Term Evolution) and Evolved Packet
Core network solutions. The financial terms of the deal remain
The deal comes close on the heels of a deal win from
Taiwan-based ChunghwaTelecom Co., Ltd. for providing LTE
solutions including Radio Access Network (RAN) and Evolved Packet
The scope of the contract with KDDI Corporation requires
Ericsson to deploy the LTE RAN network along with the solutions
for Evolved Packet Core network. The company will be using its
RBS6000 (Radio Base Station 6000) compact site solution for the
service. The RAN network will be designed to support the LTE FDD
(Frequency Division Duplexing), which will make radio planning
more efficient and user friendly.
KDDI is the second-largest telecommunications operator in
Japan having a regional market share of about 20%. This is KDDI's
first LTE RAN deal with Ericsson, whereby it aims to capitalize
on Ercisson's comprehensive experience in providing global LTE
solutions to augment its subscriber base.
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
across the globe, 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).
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