) was recently selected by Bahrain's Batelco to expand the
latter's LTE and WCDMA technologies. The financial details were
not disclosed. With the help of this contract, Batelco intends to
expand its coverage to the new areas of the country along with
providing faster mobile broadband connections to its existing
Bahrain Telecommunications Company (Batelco) is one of
the leading telecommunications companies providing its services
across the MENA (Middle East and North Africa regions-covering
from Morocco to Iran and also includes majority of Middle Eastern
and Maghreb countries) region and also internationally. Its
primary markets include Jordan, Kuwait, Saudi Arabia, Yemen,
Egypt, Guernsey, Jersey, Isle of Man, Maldives, Diego Garcia, St.
Helena, Ascension Islands, Falklands, Monaco and Afghanistan. The
company has a subscriber base of 7.8 million across the MENA
region and generated revenues of BD (Bahraini Dinar) 304.7
million ($81.2 million). The company also has strong
international operations, which accounted for about 41% of its
total revenue in fiscal 2012.
This contract with Ericsson to upgrade its existing technology
is primarily to increase its coverage and its mobile broadband
experience for its subscribers. With the deployment of Ericsson's
advanced LTE technology, Batelco customers will benefit from the
upgraded mobile network and will be able to access the Internet
at a speed of up to 150 MB (megabits) per second. Through the
contract, Batelco also plans to offer superior cloud and
multimedia services to its customers.
For the effective deployment of the services, Ericsson will
establish LTE base stations in the new areas and upgrade the
Evolved Packet Core network. In addition, Ericsson will support
the LTE roaming facility by means of the new Ericsson Diameter
Signaling Controller, which helps operators manage roaming
relations while improving service reliability and network
This contract with Batelco highlights the importance of
deploying advanced broadband technology to meet up with the
increasing demand for superior Internet quality and high speed
upload and download capacities driven by the rapid adoption of
devices such as smartphones/tablets. Therefore, telecom operators
across the globe are deploying advanced technologies to upgrade
their existing networks.
According to Ericsson, the number of global mobile
subscriptions is estimated to grow from around 6.3 billion at the
end of 2012 to approximately 9 billion by the end of 2017. Of
these, around 5-6 billion will be mobile broadband subscriptions.
Further, around three-quarters of a billion of these mobile
broadband subscriptions will use mobile PC/tablets/mobile
routers, but the vast majority will still use mobile phones to
access the Internet. Therefore, mobile data traffic volume is
estimated to increase by about 9 times from 2012-2017.
Ericsson is the world's largest supplier of LTE technology
with approximately 13% market share. 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 terminals. Recently, Ericsson
received a number of LTE contracts from leading telecom companies
across the globe.
Another leading company in the wireless networks industry,
), has been receiving important contracts from leading telecom
companies for deploying advanced technologies for LTE and
Ericsson currently has a Zacks Rank #3 (Hold). Other companies
in the industry worth considering at the moment are
Ubiquiti Networks Inc
). Ubiquiti Networks has a Zacks Rank #1 (Strong Buy),
. carries a Zacks Rank #2 (Buy).
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UBIQUITI NETWRK (UBNT): Free Stock Analysis
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