NEW YORK, NY -- (Marketwire) -- 06/15/12 -- Growing demand for high-speed networks and smartphones has offered significant opportunities for companies in the technology sector. According to Gartner Inc. smartphone shipments globally are expected to total 655 million in 2012, more than double 2010's total of 299 million. The Paragon Report examines investing opportunities in the Technology Sector and provides equity research on Tellabs, Inc. (NASDAQ: TLAB) and JDS Uniphase Corporation (NASDAQ: JDSU).
"The number of commercial LTE networks has quadrupled in just over a year. Commercial LTE services are available in 38 countries. The pace of introduction of LTE is happening faster than most people predicted a year ago," said Alan Hadden, president of the Global mobile Suppliers Association (GSA).
It is estimated that by 2017 there will be close to nine billion mobile subscriptions and 85 percent of the world's population will have access to the internet through 3G coverage according to Ericsson's second Traffic and Market Report - On the Pulse of the Networked Society.
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Tellabs innovations advance the smart mobile Internet and help their customers succeed. That's why 80% of the top global communications service providers choose their mobile backhaul, packet optical, business and services solutions and applications. Tellabs and Spectrum Training recently signed a partnership agreement to provide Tellabs certified training and lab services in the Middle East.
JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide.
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