Leading telecom services provider
) has been selected as the principal vendor by Nigeria-based
telecom provider, Smile Communications, for deploying the LTE
(Long Term Evolution) radio network, leveraging the
multi-standard RBS 6000 family of base stations and the compact
and fully integrated AIR (Antenna Integrated Radio) Antennas.
These apart, Ericsson will also provide Evolved Packet Core
network solutions. Financial terms of the deal remain
Smile Communications is one of the leading telecom companies
in West Africa and is also the first company to launch a 4G/LTE
broadband Internet service in 2012 in Africa. Yesterday, Smile
announced that it has launched 4G/LTE network on an 800 MHz
spectrum in Ibadan and Lagos regions of Nigeria. Through this
deployment, Smile Communications intends to provide its Nigerian
subscribers an improved smartphone experience, through faster web
browsing and downloads and better network
Initially, Smile had launched commercial LTE services in
Ibadan in Feb 2013, thereby making Smile Communications the first
to launch this technology in West Africa. Following this, Smile
launched commercial LTE services in Lagos on Feb 19, 2014.
Ericsson and Smile Communications have signed a three-year
network deployment agreement. Per this agreement, both companies
intend to deploy over 1,100 LTE sites across Nigeria. According
to the terms of this agreement, Ericsson will be responsible for
project management, system integration, interoperability testing,
network design and implementation.
According to Ericsson's sub-Saharan Africa division, mobile
data traffic is estimated to grow 17 times by 2019 and Nigeria
currently holds the highest number of mobile subscriptions in
Prior to this, in Dec 2013, Ericsson was selected as one of
the principal vendors by Japan-based telecom provider KDDI
Corporation for deploying the LTE and Evolved Packet Core network
Ericsson is the world's largest supplier of 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 radio access networks (RANs) 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
Juniper Networks Inc.
Ubiquiti Networks, Inc.
). Juniper carries a Zacks Rank #1 (Strong Buy), while Harris and
Ubiquiti carry a Zacks Rank #2 (Buy).
ERICSSON LM ADR (ERIC): Free Stock Analysis
HARRIS CORP (HRS): Free Stock Analysis Report
JUNIPER NETWRKS (JNPR): Free Stock Analysis
UBIQUITI NETWRK (UBNT): Free Stock Analysis
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