STOCKHOLM, SWEDEN--(Marketwire - Nov 21, 2012) -
* Based on contracts it has already signed, Ericsson expects to have a more
than 50 percent share of the LTE market in Latin America by volume
* Mobile subscriptions in the region currently number 676 million and
another 230 million are expected to be added by 2018
* By 2018, LTE will account for some 10 percent (approximately 90 million)
of all mobile subscriptions in Latin America
Mobile broadband plays a key role in Latin America, as it does in otherregions, increasing quality of life and contributing to economicdevelopment. Consumers are increasingly dependent on mobile broadband asmany of them use smartphones to gain instant access to information,entertain themselves or interact socially.
According to the Ericsson (
Few of the subscriptions are currently for LTE, but that will changemarkedly by 2018, when Ericsson predicts 10 percent of all mobilesubscriptions in Latin America - approximately 90 million - will be LTEsubscriptions. LTE is currently being rolled out across the region andEricsson has won many of the contracts for the new networks. Ericsson hassigned LTE/EPC contracts with Claro, Oi, Telefonica | Vivo and TIM inBrazil; UNE in Colombia; Telcel in Mexico; and AT&T and Open Mobile inPuerto Rico. Once they have been deployed,
Ericsson will have a more than 50 percent share of the Latin American LTEmarket in terms of volume.
Sergio Quiroga, Head of Region Latin America at Ericsson, says: "Ericssonhas played a role in Latin America since 1896, most recently by helping ittake important steps to implement mobility, broadband and cloud services.Our share of the region's LTE market will be substantially larger than ourshare of the region's 3G market. Our global leadership in LTE and mobilebroadband has helped us achieve this."
In addition to consumer demand, factors such as economic and technologicaldevelopment - driven by governments across the region - are contributing tothe increase in mobile broadband subscriptions.
Brazil will play a key role in the technological transformation of theregion. Purchasing power has increased and there are now more mobile phonesubscriptions than people in the country. And with Brazil set to host theworld's two most watched sporting events in 2014 and 2016, there will beeven more opportunities to boost national infrastructure.
In Latin America as a whole, Ericsson predicts that 3G technologies such asWCDMA/HSPA will largely replace 2G technologies such as GSM/EDGE by 2018.Whereas 3G technologies currently account for just 18 percent of all mobilesubscriptions, they will account for 65 percent of subscriptions by 2018.2G technologies will decline from 82 percent of all mobile subscriptions atpresentto 25 percent by 2018.
From a global perspective, Ericsson has now signed more than 90 LTE/EPCcontracts and maintains its leading position in LTE and mobile broadband,currently providing coverage for 305 million of the 455 million global LTEpopulation.
NOTES TO EDITORS
Ericsson Mobility Report - http://www.ericsson.com/ericsson-mobility-report
Telcel partners with Ericsson for 4G/LTE launch in Mexico
TIM partners with Ericsson to launch 4G/LTE in Brazil
Oi establishes 4G/LTE network in Brazil
Telefonica | Vivo chooses Ericsson as supplier for 4G/LTE network in Brazil
UNE partners with Ericsson to launch 4G/LTE in Colombia-
Ericsson and Open Mobile sign Latin America's first 4G/LTE contract -
4G LTE from AT&T Now Available in San Juan, Puerto Rico -
Download high-resolution photos and broadcast-quality video atwww.ericsson.com/press
Ericsson is the world's leading provider of communications technology andservices. We are enabling the Networked Society with efficient real-timesolutions that allow us all to study, work and live our lives more freely,in sustainable societies around the world.
Our offering comprises services, software and infrastructure withinInformation and Communications Technology for telecom operators and otherindustries. Today more than 40 percent of the world's mobile traffic goesthrough Ericsson networks and we support customers' networks servicing morethan 2.5 billion subscribers.
We operate in 180 countries and employ more than 100,000 people. Founded in1876, Ericsson is headquartered in Stockholm, Sweden. In 2011 the company'snet sales were SEK 226.9 billion (USD 35.0 billion). Ericsson is listed onNASDAQ OMX, Stockholm and NASDAQ, New York stock exchanges.
Ericsson leads the LTE market in Latin America:http://hugin.info/1061/R/1659659/537330.pdf
This announcement is distributed by Thomson Reuters on behalf ofThomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ericsson via Thomson Reuters ONE[HUG#1659659]
- Technology & Electronics
- Latin America
- Mobile broadband