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Ericsson leads the LTE market in Latin America

Ericsson leads the LTE market in Latin America 
STOCKHOLM, SWEDEN -- (Marketwire) -- 11/21/12 -- 


 
* 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
other regions, increasing quality of life and contributing to economic
development. Consumers are increasingly dependent on mobile broadband
as many of them use smartphones to gain instant access to information,
entertain themselves or interact socially. 
According to the Ericsson (NASDAQ: ERIC) Mobility Report published
today, 14 million new mobile subscriptions were recorded in Q3 for a
total of 676 million. Ericsson estimates that another 230 million
mobile subscriptions will be added by 2018. 
Few of the subscriptions are currently for LTE, but that will change
markedly by 2018, when Ericsson predicts 10 percent of all mobile
subscriptions in Latin America - approximately 90 million - will be
LTE subscriptions. LTE is currently being rolled out across the region
and Ericsson has won many of the contracts for the new networks.
Ericsson has signed LTE/EPC contracts with Claro, Oi, Telefonica |
Vivo and TIM in Brazil; UNE in Colombia; Telcel in Mexico; and AT&T
and Open Mobile in Puerto Rico. Once they have been deployed, 
Ericsson will have a more than 50 percent share of the Latin American
LTE market in terms of volume. 
Sergio Quiroga, Head of Region Latin America at Ericsson, says:
"Ericsson has played a role in Latin America since 1896, most recently
by helping it take important steps to implement mobility, broadband
and cloud services. Our share of the region's LTE market will be
substantially larger than our share of the region's 3G market. Our
global leadership in LTE and mobile broadband has helped us achieve
this." 
In addition to consumer demand, factors such as economic and
technological development - driven by governments across the region -
are contributing to the increase in mobile broadband s
ubscriptions. 
Brazil will play a key role in the technological transformation of
the region. Purchasing power has increased and there are now more
mobile phone subscriptions than people in the country. And with
Brazil set to host the world's two most watched sporting events in
2014 and 2016, there will be even more opportunities to boost
national infrastructure. 
In Latin America as a whole, Ericsson predicts that 3G technologies
such as WCDMA/HSPA will largely replace 2G technologies such as
GSM/EDGE by 2018. Whereas 3G technologies currently account for just
18 percent of all mobile subscriptions, they will account for 65
percent of subscriptions by 2018. 2G technologies will decline from
82 percent of all mobile subscriptions at present
to 25 percent by
2018. 
From a global perspective, Ericsson has now signed more than 90
LTE/EPC contracts and maintains its leading position in LTE and mobile
broadband, currently providing coverage for 305 million of the 455
million global LTE population. 
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 -
http://www.att.com/gen/press-room?pid=22037&cdvn=news&newsarticleid=33270

 
Download high-resolution photos and broadcast-quality video at
www.ericsson.com/press 
Ericsson is the world's leading provider of communications technology
and services. We are enabling the Networked Society with efficient
real-time solutions 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 within
Information and Communications Technology for telecom operators and
other industries. Today more than 40 percent of the world's mobile
traffic goes through Ericsson networks and we support customers'
networks servicing more than 2.5 billion subscribers. 
We operate in 180 countries and employ more than 100,000 people.
Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In
2011 the company's net sales were SEK 226.9 billion (USD 35.0
billion). Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ, New
York stock exchanges. 


 
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Ericsson leads the LTE market in Latin America:
http://hugin.info/1061/R/1659659/537330.pdf 
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Source: Ericsson via Thomson Reuters ONE [HUG#1659659] 
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Public & Media Relations
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
 
 
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