SOURCE: Five Star Equities

Five Star Equities

August 03, 2012 08:20 ET

Rapid Growth of LTE Networks Providing Growth Opportunities for Technology Sector

Five Star Equities Provides Stock Research on JDS Uniphase and Powerwave Technologies

NEW YORK, NY--(Marketwire - Aug 3, 2012) - In what is reported as "the fastest developing mobile system technology ever," the 4G LTE boom has created significant opportunities throughout the technology sector. A recent report from the Global mobile Suppliers Association (GSA) forecasts the number of LTE networks across the world to more than triple the total from last year. Five Star Equities examines the outlook for companies in the Technology Sector and provides equity research on JDS Uniphase Corporation (NASDAQ: JDSU) and Powerwave Technologies, Inc. (NASDAQ: PWAV).

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According to an updated report from the Global mobile Suppliers Association, by the end of 2012, there will be 150 commercial LTE networks. Around the world there are currently 280 carriers who are already working on launching an LTE network, while another 58 carriers are still in the process of researching and testing the technology before adoption. LTE networks have seen rapid growth around the world since 2009 when 2 networks were initially launched. That number quickly expanded over the next two years, to 17 in 2010 and 47 in 2011, before reaching the 89 networks across 45 countries today.

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JDS Uniphase provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide. The company is scheduled to release fiscal 2012 fourth quarter and year ended results after market close on Tuesday, August 14, 2012.

Powerwave Technologies, Inc. designs, manufactures, and markets end-to-end wireless solutions for wireless communications networks worldwide. The company's product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G LTE technology.

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