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General analysis of expected per-terminal signalto-interference-plus-noise-ratio (SINR) and ergodic per-cell sum spectral efficiency for a multi-cellular system with coordinated regularized zero-forcing (RZF) precoding is presented.An application to two-tier small-cell networks is considered, assuming independent and identically distributed (i.i.d.) and semi-correlated Rayleigh fading channels, wi
