Sunday, February 12, 2012

LTE Drives Global Network Equipment Spending

Mobile Communications Factory Revenue
Equipment purchased to support mobile networks will reach $398 billion in 2012, up 17 percent from $340.8 billion in 2011, according to an IHS iSuppli.

A substantial portion of the spending is for fourth generation networks, especially based on use of Long Term Evolution. 

Although growth this year is down somewhat from the 32 percent growth rate of 2011, the market is expected to grow at  double-digit rates until about 2015. 

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