Switzerland's largest mobile operator Swisscom has recently
) to provide 4G/LTE (long term evolution) roaming services to
countries in Asia and America. Ericsson will be using its new
product 'Diameter Signaling Controller' (DSC) to enable Swisscom
to be the first European operator to initiate LTE roaming
services on a global basis. Financial terms of the deal were not
As per the agreement, Ericsson will provide the network
capabilities to Swisscom. Ericsson's 'Diameter Signaling
Controller' will be based on Ericsson Blade System platform that
widens the scalability of the product and eases signaling loads
on networks. Additionally, the product will support voice-over
Ericsson will initially install the LTE network primarily in
three regions including South Korea, Hong Kong and Canada. The
deal will enable Swisscom to enjoy the first mover advantage and
grab 4G/LTE subscribers.
To date, Ericsson has established about 150 LTE networks
worldwide and has made communication easier and more convenient
by providing high-speed data for mobile phones and data
Just a few days back, Ericsson entered into a three-year
strategic deal with
) to develop Information Communication Technology (ICT)
infrastructure for an LTE network in regions within Russia.
Additionally, Ericsson received a contract from Entel, a
Chile-based telecom company, to provide 4G/LTE network to its
The series of strategic agreements comes at an opportune time
for Ericsson, as there is a very high demand for innovative
services for 4G/LTE mobile broadband traffic.
Ericsson currently has a Zacks Rank #3 (Hold). Some other
players operating in the same industry include
Ubiquiti Networks Inc.
), both having a Zacks Rank #1 (Strong Buy).
ERICSSON LM ADR (ERIC): Free Stock Analysis
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