Light Reading - 4G LTE Land Grab to Intensify in 2014
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 02 January 2014
Release date- 27122013 - NEW YORK - The battle for supremacy in the emerging 4G LTE network infrastructure market is set to intensify in 2014 as new license awards in countries such as China and further network expansion in North America and Europe fuel mobile broadband expansion, reports Light Reading, the market-leading online community for the global communications sector.
While a number of high-profile network infrastructure suppliers are competing for market share, the market leadership position is currently being contested by two of the sector's major vendors, Huawei Technologies and Ericsson.
As 2013 comes to an end, Huawei has outlined its anticipated growth for the coming year. While its total wireless networks business is expected to grow by about 10% year-on-year to US$12.9 billion, the Chinese company expects revenues from its 4G LTE business to double to about $4 billion. That growth will be fuelled in part by network investments in its domestic market, where some 4G licenses have recently been issued.
Ray Le Maistre
About Light Reading
Light Reading (www.lightreading.com) combines its research-led online communities and targeted events portfolio to help those in the global communications industry make informed decisions. Lightreading.com is the ultimate source for telecom analysis for more than 300,000 subscribers each month, leading the media sector in terms of traffic, content, and reputation. Light Reading produces targeted communications events and focused one-day conferences each year for cable, mobile, and wireline executives across five continents.
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