4G LTE Spending Up -- VirnetX and Alcatel Lucent Poised to Benefit
March 07, 2012 08:20 ET
4G LTE Spending Up -- VirnetX and Alcatel Lucent Poised to Benefit
Five Star Equities Provides Stock Research on VirnetX Holding & Alcatel-Lucent
NEW YORK, NY--(Marketwire - Mar 7, 2012) - In what is reported as "the fastest developing mobile system technology ever" the 4G LTE boom is creating significant growth throughout the technology sector. 4G was designed primarily with data in mind rather than voice services. The 4G network is entirely IP based with significantly higher download speeds and higher signal quality. Five Star Equities examines the outlook for the Technology Sector and provides equity research on VirnetX Holding Corporation (
[ www.fivestarequities.com/VHC ]
[ www.fivestarequities.com/ALU ]
According to a report from Global mobile Suppliers Association (GSA), LTE is the fastest developing mobile system technology ever. This growth is quantified by In-Stat, who recently reported that the number of LTE handsets is expected to top 154 million devices by 2015. Market research firm I.H.S. iSupply says capital spending on LTE technology is projected to jump in size to $24.3bn in 2013.
Rapid adoption of smartphones is aiding growth. According to a report by the Pew Internet & American Life Project, around 53 percent of all U.S. adult cell phone owners now use smartphones instead of feature phones.
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Earlier this month, Alcatel-Lucent announced that du rival Etisalat has completed an LTE trial using the vendor's lightRadio technology. Alcatel-Lucent showcased the capabilities of its new 9768 lightRadio Metro Radio Outdoor (MRO) at Etisalat's headquarters in Abu Dhabi over Etisalat's commercial 4G LTE network.
VirnetX Holding Corporation engages in developing and commercializing software and technology solutions for securing real-time communications over the Internet. The company focuses on commercializing its technology to original equipment manufacturers within the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets.
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