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Huawei and Ericsson hold a collective 74 percent...

Huawei and Ericsson hold a collective 74 percent of all LTE network contract awards, said Informa Telecoms & Media on Tuesday in a report. Huawei holds 40 percent of all contracts, Ericsson 34 percent and Nokia Solutions and Networks (NSN)…

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17 percent, while Alcatel-Lucent, ZTE, Samsung and NEC hold 9 percent total of allocated contracts, Informa said. Huawei, Ericsson and NSN “have illustrated significant technological expertise and support to mobile operators,” said Dimitris Mavrakis, the report’s co-author, in a news release. “Preliminary research among operator CTOs, conducted by Informa, also suggests that Ericsson and Huawei are highly regarded when assessing vendors according to technology, pricing, support and managed-service capabilities.” LTE remains the fastest-growing mobile network technology, with Informa forecasting that there will be 1.36 billion LTE subscriptions by the end of 2018. Informa forecast a slightly higher subscription growth rate than it did a year ago, reflecting major LTE deployments by Verizon Wireless, SK Telecom, NTT DoCoMo, Everything Everywhere and Vodafone (http://bit.ly/122sFq9).