Wireless carriers are set to spend 8.3 percent more on...
Wireless carriers are set to spend 8.3 percent more on infrastructure equipment this year, for a global total of $45.5 billion, IHS iSuppli said in a report Thursday. The rise in infrastructure spending is driven primarily by investment in 4G…
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LTE technology for developing nations, IHS said. “Carriers are making the investments on infrastructure in order to keep pace with growing data traffic, especially on the mobile side,” IHS analyst Jagdish Rebello said. This year’s expected increase in infrastructure spending follows a 7.7 percent increase in 2011. Spending should continue to grow by about 3 percent a year through 2016, IHS said (http://xrl.us/bnnrvq).