GSA: Global LTE subscribers reached 497M by December 2014

LTE subscriptions are growing faster than any other mobile communications system technology, and by a substantial margin according to the Global mobile Suppliers Association (GSA). Referring to newly released data provided by Ovum, the GSA calculated that LTE subscription net additions outpaced 3G/WCDMA-HSPA by 21 per cent during the second half of 2014. There were 497 million LTE subscriptions worldwide by Dec. 31, 2014. A total of 290 million LTE subscriptions were gained in the year, equivalent to 140 per cent annual growth. Release