A new study by Strategy Analytics claims that wireless Capex increased by 2 per cent in Q3 2010, the first year-on-year increase since 2008.
"There is growing confidence among operators that the worst of the recession is behind them," said the author of the report, Phil Kendall, "Revenue growth has accelerated in all regions in 2010. We are now starting to see operators bring deferred investments back on track."
The firm also noted that service revenues increased 4.5 per cent, more than double the growth rate seen in Q3 2009. Article