STOCKHOLM -- Ericsson (NASDAQ:ERIC) today announced an LTE expansion contract with Chunghwa Telecom Co. Ltd. (NYSE:CHT), the largest telecom operator in Taiwan. The agreement will further boost Chunghwa Telecom's 4G LTE coverage and capacity with the latest Ericsson mobile broadband technology, and ensure customers will be able to enjoy an enhanced 4G experience.
In response to the rapid take-up of 4G subscriptions and data traffic, Chunghwa Telecom's LTE expansion, including small cell build-out, will address the increasing capacity demand to deliver more music, video, and value-added business services to drive revenue growth. Ericsson will continue to serve as sole supplier for the entire core network, including a multi-access Evolved Packet Core, and as a major supplier for RAN in Taiwan's most populated areas, including Taipei city.
Lin Kuo-Feng, President of Chunghwa Telecom Mobile Business Group, says: "The rapid growth of 4G subscriptions has exceeded our expectations. We see a huge data demand, and shifting consumer behavior to more data-centric services. We are pleased to keep leveraging Ericsson's global practices to offer the best-of-breed mobile network, advance user experience and to develop applications for enterprise customers."
Ericsson AB (Nasdaq: ERIC)