NEW YORK, NY--(Marketwire -08/03/12)- In what is reported as "the fastest developing mobile system technology ever," the 4G LTE boom has created significant opportunities throughout the technology sector. A recent report from the Global mobile Suppliers Association (GSA) forecasts the number of LTE networks across the world to more than triple the total from last year. Five Star Equities examines the outlook for companies in the Technology Sector and provides equity research on Alcatel Lucent SA (ALU) and Tellabs, Inc. (TLAB).
According to an updated report from the Global mobile Suppliers Association, by the end of 2012, there will be 150 commercial LTE networks. Around the world there are currently 280 carriers who are already working on launching an LTE network, while another 58 carriers are still in the process of researching and testing the technology before adoption. LTE networks have seen rapid growth around the world since 2009 when 2 networks were initially launched. That number quickly expanded over the next two years, to 17 in 2010 and 47 in 2011, before reaching the 89 networks across 45 countries today.
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The long-trusted partner of service providers, enterprises and governments around the world, Alcatel-Lucent is a leading innovator in the field of networking and communications technology, products and services. Alcatel-Lucent along with AuthenTec recently announced they have helped enable Portugal Telecom to deliver mobile video to Android and Apple smartphone and tablet users.
Tellabs designs, develops, and supports telecommunications networking products for communication service providers in the United States and internationally. Tellabs and Spectrum Training reported that they have signed a partnership agreement to provide Tellabs certified training and lab services in the Middle East.
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