Ericsson ERIC in collaboration with Cosmote, a leading mobile telecommunications provider in Greece, stated the successful demonstration of 500Mbps download speed in a live LTE network in a carrier aggregation. The demonstration took place at the Infocom World 2015 event in Athens on Nov 24, 2015.
In this test, Ericsson used its premium radio solutions and Ericsson Networks Software 16A. This is the first of a kind test in Europe using Ericsson’s LTE FDD 3 x Carrier Aggregation with 256 QAM in a live network. Notably, in good radio conditions, 256QAM downlink encoding technology has the capability to offer up to 33% higher downlink throughput. Through this test, Cosmote is enhancing the performance and market differentiation of its commercial network via moving FDD 3xCarrier Aggregation & 256 QAM innovation in it.
As a matter of fact, LTE Advanced carrier aggregation technology aids the usage of multiple LTE carriers in a single LTE network. Alongside, it delivers top data rates and better coverage by boosting network bandwidth.
We believe this strategic development bodes well for Ericsson and paves the way for enhancing its presence in the Greece market. As per its latest Mobility Report, Ericsson anticipates LTE subscriptions to rise to 4.1 billion by the end of 2021.
Ericsson has been dedicated towards delivering high-class LTE experiences to its subscribers across the world. Moreover, the company’s presence in major high-traffic LTE markets of Japan, the U.S., Canada, Australia and South Korea is an indicator of its immense global popularity. Currently, top LTE operators have chosen Ericsson as a reliable partner, delivering over 200 LTE RAN and Evolved Packet Core networks internationally to date.
Ericsson presently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the same space include InterDigital, Inc. IDCC, Juniper Networks, Inc. JNPR and Motorola Solutions, Inc. MSI. While InterDigital carries a Zacks Rank #1 (Strong Buy), Juniper Networks and Motorola Solutions have a Zacks Rank #2 (Buy).
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