Ericsson (NASDAQ: ERIC) is placed in the "Leaders" quadrant in Gartner’s latest Magic Quadrant report for LTE. Gartner, a worldwide IT research and advisory firm, evaluated end-to-end vendors of LTE equipment based on their ability to execute and completeness of vision in the LTE market.
Network quality and performance is becoming a clear competitive advantage, as usage and traffic patterns change. With the rapid uptake of smartphones mobile data traffic is expected to grow 15 times by 2017. Operators are challenged to successfully deliver a consistently good user experience for the services consumed on smartphones, tablets and other new devices. This increasing focus on network performance comes from the early LTE markets such as the US and Korea and from other markets with high smartphone penetration. Today around 50 percent of smartphones worldwide are connected to an Ericsson network.
The ability to deliver high-performance networks is not only the result of introducing new technology but the efficient combination of legacy equipment and state-of-the-art 3GPP-based solutions. Ericsson was first out with LTE and at year end 2011 held an estimated 60 percent market share by volume, providing the necessary experience and scale to support operators in the next phase LTE networks build.
"We have received a lot of valuable and positive feedback on the performance of our networks and we are proud to have our leadership recognized in the Leaders quadrant of Gartner’s Magic Quadrant for LTE," Thomas Noren, Vice President, head of Product Area Radio at Ericsson says. "Ericsson is committed to delivering high-performance networks to our customers and we are focusing our R&D investments to ensure best use of their limited spectrum."
To date, seven of the top 10 operators ranked by revenue 2010 have selected LTE vendors for their network. Ericsson has signed commercial contracts with six of these seven operators.
Ericsson is the prime driver of open standards and has had the most significant impact on the LTE specifications released to date. Ericsson expects to hold 25 percent of all essential patents for LTE, making it the largest patent holder in the industry. Ericsson is the industry leader in managed services managing networks that serve over 900 million subscribers and provides support to networks with more than 2.5 billion subscribers.
In addition to the LTE Network Infrastructure Magic Quadrant, Ericsson is included in the "Leaders" quadrant of Softswitch Architecture and FTTH Gartner Magic Quadrants.*
Notes to editors
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Link to the Gartner LTE Infrastructure Magic Quadrant report 2012
Ericsson is also included in the following recent Magic Quadrant reports:
- Gartner, "Magic Quadrant for LTE Network Infrastructure" by Sylvain Fabre, Frank Marsala, Jessica Ekholm, Akshay K. Sharma, Joy Yang, Akiyoshi Ishiwata, Deborah Kish, Tina Tian, July 12, 2012
- *Gartner, "Magic Quadrant for Fiber-to-the-Home" by Ian Keene, December 5, 2011
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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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