Ericsson leads the LTE market in Latin America
(Thomson Reuters ONE Via Acquire Media NewsEdge)
* 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
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
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, Telefónica | 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 subscriptions.
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
NOTES TO EDITORS
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
Telefônica | 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 at
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
We operate in 180 countries and employ more than 100,000 people. Founded in
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sales were SEK 226.9 billion (USD 35.0 billion). Ericsson is listed on NASDAQ
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Ericsson leads the LTE market in Latin America:
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Source: Ericsson via Thomson Reuters ONE
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