SOURCE: Paragon Financial Limited

Paragon Financial Limited

April 25, 2012 08:20 ET

Rapidly Growing 4G Networks Continue to Provide Opportunities for Companies in the Technology Sector

The Paragon Report Provides Stock Research on Alcatel Lucent and Tellabs

NEW YORK, NY--(Marketwire - Apr 25, 2012) - "The fastest developing mobile system technology ever" 4G LTE has provided some significant opportunities and growth throughout the technology sector. The 4G LTE networks have been growing rapidly across the world and demand shows no signs of slowing down as it is estimated only nine percent of Asia Pacific operators have deployed commercial 4G networks. The Paragon Report examines investing opportunities in the Technology Sector and provides equity research on Alcatel Lucent SA (NYSE: ALU) and Tellabs, Inc. (NASDAQ: TLAB).

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According to a report by ABI research out of the 110 networks ABI looked at just 10 operators (9 percent) have 4G LTE networks up and running. Another 58 (53 percent) either have plans to roll out LTE networks or are currently conducting trials. Malaysia, Philippines and Singapore have already deployed 4G networks while Australia, Japan, and South Korea are currently in the process.

Jake Saunders, ABI's vice president of forecasting, in the report stated, "We estimate total Asia-Pacific mobile capital expenditure to reach US$53.3 billion by the end of 2012. 62 percent is still very much earmarked for radio access network deployment. Other key investment areas include EPC and gateway upgrades to the core network at 9 percent, as well as improving in-building wireless coverage into dense urban centers at 5.7 percent."

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The long-trusted partner of service providers, enterprises and governments around the world, Alcatel-Lucent is a leading innovator in the field of networking and communications technology, products and services. The company is home to Bell Labs, one of the world's foremost research centers, responsible for breakthroughs that have shaped the networking and communications industry.

Tellabs, Inc. designs, develops, and supports telecommunications networking products for communication service providers in the United States and internationally. The company recently released a press releases stating that Tellabs has entirely renewed Tellabs Mobile Backhaul Solutions - to simplify the migration to LTE and LTE-Advanced. About half of the 160 customers who use Tellabs Mobile Backhaul Solutions plan to migrate to LTE and LTE-A over the next few years, the company said in a press release.

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