Ericsson maintains leadership in the Magic Quadrant for LTE Infrastructure 2014

By GlobeNewswire,  May 14, 2014, 04:00:00 AM EDT


  • For fifth year in a row, prominent analyst firm Gartner names Ericsson a Leader in the LTE industry in its Magic Quadrant report
  • High performance end to end LTE offerings, expansive installed base and global professional services capabilities continue to drive industry leadership
  • Ericsson LTE selected by the top 10 LTE operators, as ranked by LTE subscriptions worldwide

Ericsson (NASDAQ:ERIC) today announced that Gartner, Inc. has positioned Ericsson as an LTE industry leader within the "Leaders" quadrant of its Gartner 2014 Magic Quadrant for LTE Infrastructure1 report for the fifth year in a row. Gartner, the world's leading information technology research and advisory company, evaluates end-to-end vendors of LTE equipment (including Radio, Evolved Packet Core and IMS for voice over LTE) based on their ability to execute and completeness of vision in the LTE market. 

Thomas Norén, Vice President and Head of Product Area Radio, Ericsson says: "Ericsson LTE is differentiated by its performance, enabled through innovative products such as Ericsson AIR and Radio Dot System as well as industry-leading solutions including LTE-A Carrier Aggregation, LTE Broadcast and our industry-leading VoLTE solution. Ericsson's end to end LTE offering, large footprint and worldwide service capabilities have enabled us to serve 50 percent of all LTE smartphone traffic worldwide." 

Ericsson has signed more than 190 commercial contracts for LTE and Evolved Packet Core (EPC) in more than 70 countries on six continents, of which more than 140 networks have already gone live commercially. Ericsson has supported all the world's first commercial VoLTE launches and is the IMS market leader with more than 115 IMS contracts worldwide for both fixed- and mobile accesses. Ericsson is present today in all high traffic LTE markets including US, Japan, South Korea, Australia and Canada, and has been selected by the top 10 LTE operators as ranked by LTE subscription worldwide. Today, 50 percent of the world's LTE Smartphone traffic is served by Ericsson networks which is more than double the traffic of our closest competitor.

Ericsson is the prime driver of open standards and has had the most significant impact on the LTE specifications released to date. Ericsson expects to hold 25 percent of all essential patents for LTE, both for TDD and FDD mode, making it the largest patent holder in the industry.

The company is also the industry leader in managed services, providing managed services for networks that serve more than one billion subscribers globally.

Ericsson was also recently recognized by the European Patent Office as a leader in 4G LTE innovation. 

NOTES TO EDITORS

About the Magic Quadrant:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

  • Gartner Magic Quadrant for LTE Network Infrastructure, Sylvain Fabre, Deborah Kish, Jessica Ekholm, Akshay K. Sharma, Frank Marsala, Ian Keene, 28 April 2014
  • Ericsson's LTE media kit: http://www.ericsson.com/thecompany/press/mediakits/lte

    European Patent Office recognizes Ericsson as leader in 4G innovation: http://www.ericsson.com/news/1780877

    Download high-resolution photos and broadcast-quality video at www.ericsson.com/press

    Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, businesses and societies to fulfill their potential and create a more sustainable future.

    Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.

    With more than 110,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world's mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.   

    Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

    www.ericsson.com 

    www.ericsson.com/news

    www.twitter.com/ericssonpress

    www.facebook.com/ericsson

    www.youtube.com/ericsson

    FOR FURTHER INFORMATION, PLEASE CONTACT

    Ericsson Corporate Communications

    Phone: +46 10 719 69 92

    E-mail: media.relations@ericsson.com

    Ericsson Investor Relations

    Phone: +46 10 719 00 00

    E-mail: investor.relations@ericsson.com



    Ericsson maintains leadership in the Magic Quadrant for LTE





    This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

    Source: Ericsson via Globenewswire

    HUG#1785211



    This article appears in: News Headlines

    Referenced Stocks: ERIC


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