LTE Registers Around 500 Million Subscriptions, Grows 140 Percent

LTE-Registers-Around-500-Million-Subscriptions,-Grows-140-PercentLTE worldwide has registered 497 million subscriptions by 31st December, 2014, showing a annual growth of 140 percent.

In 2013, there were around 290 million LTE subscriptions according to GSA (Global Mobile Suppliers Association).

GSA has confirmed that 4G subscriptions are growing faster than any other mobile communications technology and by a substantial margin.

GSA calculated that subscription net additions outpaced 3G/WCDMA-HSPA by 21 percent during the last 6 months of 2014, with 4G leading both in Q3 and Q4.

Alan Hadden, vice president, Research, GSA said, “LTE subscriptions grew by 115 million in Q4, over 36 percent higher than 3G/WCDMA-HSPA connections. GSM subscriptions fell by 78.5 million in the same period. We are confident that LTE growth will continue to lead all other mobile systems.”

The APAC region increased its share of connections to 47 percent by end December 2014 compared to 40 percent in June 2014. North America is the second largest LTE market with 33 percent of global LTE subscriptions, down from 42.3 percent in June 2014, while Europe increased its share in the same period from 14.3 percent to 16 percent by year end.

Joe Barrett, president, GSA said, “LTE has quickly built a huge momentum across the world with a rapidly expanding footprint. LTE net subscription additions in Q4 2014 were 45 percent higher than in the previous quarter.”

GSA forecasts there will be at least 450 commercially launched LTE networks globally by end 2015, up from 364 that had entered service by the end of last year, with deployment of LTE-Advanced technologies as a major industry trend in all regions.

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