Telecomunicazioni
Ericsson to support Chunghwa Telecom's LTE expansion
Ericsson (NASDAQ:ERIC) today announced an LTE expansion contract with Chunghwa Telecom Co. Ltd. (NYSE:CHT), the largest telecom operator in Taiwan. The agreement will further boost Chunghwa Telecom's 4G LTE coverage and capacity with the latest Ericsson mobile broadband technology, and ensure customers will be able to enjoy an enhanced 4G experience.
In response to the rapid take-up of 4G subscriptions and data traffic, Chunghwa Telecom's LTE expansion, including small cell build-out, will address the increasing capacity demand to deliver more music, video, and value-added business services to drive revenue growth. Ericsson will continue to serve as sole supplier for the entire core network, including a multi-access Evolved Packet Core, and as a major supplier for RAN in Taiwan's most populated areas, including Taipei city.
Lin Kuo-Feng, President of Chunghwa Telecom Mobile Business Group, says: "The rapid growth of 4G subscriptions has exceeded our expectations. We see a huge data demand, and shifting consumer behavior to more data-centric services. We are pleased to keep leveraging Ericsson's global practices to offer the best-of-breed mobile network, advance user experience and to develop applications for enterprise customers."
Jan Signell, Head of Region North East Asia at Ericsson, says: "This further demonstrates our commitment to our long term strategic business relationship with Chunghwa Telecom. As a major supplier to Taiwan's largest operator, it is our mutual interests to not only deliver a superior network to optimize customer experience, but also create new revenue opportunities for Chunghwa Telecom in the enterprise business segment."
Ericsson is today present in all high traffic LTE markets including the US, Japan, and South Korea, and is ranked first for handling the most global LTE traffic - 40 percent of the world's mobile traffic is carried over Ericsson networks. Ericsson is number one in LTE market share within the world's top 100 cities. More than 220 LTE RAN and Evolved Packet Core networks have been delivered worldwide, of which 170 are live commercially.
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