Report: Wireless capex jumped in Q3 for first gain since 2008

Global wireless capital expenditures rose nearly 2 percent in the third quarter, according to a new report from research firm Strategy Analytics, the first year-over-year quarterly increase since 2008. The firm said the increase--of 1.7 percent--was an indication that the industry is recovering from the economic recession. Strategy Analytics' new report surveyed more than 200 mobile operators that account for over 77 percent of global subscribers, and indicated that carriers are starting to get deferred capital investments in their networks back on track. The report also found that service revenues increase 4.5 percent, more than double the growth from the third quarter of 2009. Release