Nokia Siemens Has Largest Jump in LTE Market Share Gains During Q3 (NOK) (SI)
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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.
Infonetics said the market leader is still Ericsson (Nasdaq: ERIC), with Alcatel-Lucent (NYSE: ALU) and Huawei now trailing NSN.
Nokia Siemens Networks is a joint venture of Nokia Oyj (NYSE: NOK) and Siemens AG (NYSE: SI).
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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.
Infonetics said the market leader is still Ericsson (Nasdaq: ERIC), with Alcatel-Lucent (NYSE: ALU) and Huawei now trailing NSN.
Nokia Siemens Networks is a joint venture of Nokia Oyj (NYSE: NOK) and Siemens AG (NYSE: SI).
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