Nokia Siemens Networks is world's second largest LTE radio access network vendor by revenue says Dell'Oro Group Q3 report
Espoo, Finland – November 13, 2012
In the third quarter of 2012 Nokia Siemens Networks claimed the second largest share of the LTE mobile radio access network (RAN) market by revenue according to a report from analysts Dell'Oro Group. The report shows that Nokia Siemens Networks share has increased significantly over the last 12 months to just over 21%.
Nokia Siemens Networks now has 70 commercial LTE contracts, even excluding trials such as the recently announced large-scale TD-LTE trial with China Mobile. The increase in share of LTE RAN revenue reported by Dell'Oro is a result of the company's leadership in contract wins translating into greater share of revenue through 2012.
Dell'Oro reported that in the Asia Pacific region Nokia Siemens Networks led the LTE RAN market. The Asia Pacific region is reported as the the biggest by revenue with 41% of the total LTE RAN revenue, overtaking North America for the first time. Dell'Oro also reports that Nokia Siemens Networks is the leading non-Chinese TD-LTE RAN vendor.
Nokia Siemens Networks' share in Q3 2012 is four times its share in the equivalent 2011 report when it was reported as the fourth largest vendor. The leading vendor from the Q3 2011 report has seen its share drop by a quarter in the most recent figures, while last year's second placed vendor has lost over half its market share. Over that same period, Dell'Oro reports that the overall market size for LTE RAN equipment has almost tripled in size.
"We have a strategic focus as the mobile broadband specialist," said Barry French, head of marketing and corporate affairs at Nokia Siemens Networks. "Our customers around the world know that LTE is at the heart of the stronger, more profitable company that we are building at Nokia Siemens Networks."
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
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