LTE Invasion of India Begins

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Swedish telecom-equipment maker Ericsson (Nasdaq: ERIC  ) is the first company to win an LTE network infrastructure and management deal in India. Indian telecom Augere Holdings awarded the contract to Ericsson, the first such 4G deal to be officially announced.

This agreement is for three years and will cover an area that includes 14 cities with a total population of approximately 100 million people. The plan is for the LTE service to go online in the second quarter of 2012.

There are two flavors of LTE available. The first is LTE--FDD, which stands for Long Term Evolution -- Frequency Division Duplex, which is what Verizon (NYSE: VZ  ) and AT&T (NYSE: T  ) use for their 4G networks.

The second flavor is what's known as LTE-TDD, or LTE -- Time Division Duplex. That's the type that Ericsson will be providing in India. LTE-TDD is the version that the world's largest wireless carrier, China Mobile (NYSE: CHL  ) , is building in China. It's also the type that Clearwire Communications (Nasdaq: CLWR  ) hopes to build -- if it can somehow find the necessary $600 million or so it needs to make the transition from the slower WiMAX 4G.

The two LTEs are not compatible.

The potential for equipment sales and service contracts in India is immense, and the major infrastructure names, such as Nokia Siemens, Alcatel-Lucent (NYSE: ALU  ) , and Samsung, are pushing hard for a piece of the India action, too.

Ericsson's entry into India first is a real coup, and the other Indian wireless carriers, as well as the equipment vendors, are going to be keeping a close eye on the outcome of this venture. I think it will be well worth the trouble for us to also keep an eye on the companies mentioned here. It's easy to do by putting them in My Watchlist.

Fool contributor Dan Radovsky owns shares of AT&T. The Motley Fool owns shares of China Mobile. Motley Fool newsletter services have recommended buying shares of China Mobile and AT&T. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1568797, ~/Articles/ArticleHandler.aspx, 10/25/2016 6:23:48 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 9 hours ago Sponsored by:
DOW 18,223.03 77.32 0.43%
S&P 500 2,151.33 10.17 0.47%
NASD 5,309.83 52.43 1.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
ALU.DL $0.00 Down +0.00 +0.00%
Alcatel-Lucent CAPS Rating: ****
CHL $58.61 Down -0.33 -0.56%
China Mobile CAPS Rating: ****
CLWR.DL $0.00 Down +0.00 +0.00%
Clearwire Corp CAPS Rating: **
ERIC $5.10 Down +0.00 +0.00%
Telefonaktiebolage… CAPS Rating: *
T $36.86 Down -0.63 -1.68%
AT and T CAPS Rating: ****
VZ $48.21 Up +0.01 +0.02%
Verizon Communicat… CAPS Rating: ****