Espoo, Finland – December 11, 2012
Nokia Siemens Networks gains significant LTE share in Q3, reports Infonetics Research
Market research firm Infonetics Research attributes Nokia Siemens Networks a strong second place in LTE infrastructure market share in its latest Q3 report. According to Infonetics, Nokia Siemens Networks achieved the largest increase for LTE market share in the third quarter of 2012, growing from 13% to 21.5% and nearly closing the gap with the market leader.
The three largest LTE deployments by revenue size in Q3 2012 occurred in North America, Japan and South Korea, says Infonetics. Nokia Siemens Networks’ share increase reflects the company’s strong position in every major account in Japan (NTT DoCoMo, KDDI and Softbank Mobile) and South Korea (KT, SK telecom and LGU+) as well as the T-Mobile rollout in the US.
In the combined 2G, 3G and 4G infrastructure market, Nokia Siemens Networks maintained the second place it achieved one year ago with the completion of the acquisition of Motorola, reported Infonetics. However, the company continues to gain in North America through the T-Mobile USA W-CDMA and LTE rollout, adding one percentage point over the second quarter of 2012, also reports the market research firm.
About Nokia Siemens Networks
Nokia Siemens Networks is the world’s specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world’s most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly.
With headquarters in Espoo, Finland, we operate in over 150 countries and had net sales of over 14 billion euros in 2011. http://www.nokiasiemensnetworks.com