- Ericsson supplies Chunghwa Telecom's entire core network and RAN in Taiwan's most populated areas, including Taipei city
- Ericsson will support Chunghwa Telecom to develop strategy for enterprise customers
- Small cells to provide high-performance connectivity and best experience
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.
NOTES TO EDITORS
Download high-resolution photos and broadcast-quality video at www.ericsson.com/press
Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.
Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.
With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world's mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
Ericsson Investor Relations
Phone: +46 10 719 00 00