Report: LTE infrastructure to reach $27.9B by 2014

Growth of LTE infrastructure spending will reach $27.9 billion by 2014, managing a compound annual growth rate (CAGR) of 107.5 percent from $1.5 billion in 2010, according to research from IHS iSuppli. The firm said the bulk of LTE infrastructure spending will happen in North America initially. The region will make up $1.7 billion of the projected $3.8 billion spent globally on LTE infrastructure this year. After 2011, spending will grow significantly in other regions, with North America's influence falling to less than 20 percent of overall global spending. Article

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