LTE Expected to Dominate Wireless Infrastructure Spending by 2013

Dateline City: 
EL SEGUNDO, Calif.

The wireless technology known as 4G Long Term Evolution (LTE) is expected to claim the lion’s share of wireless infrastructure capital spending next year as mobile carriers definitively migrate to that next-generation standard.

Global capital spending on LTE technology is projected to reach $24.3 billion in 2013, nearly triple the $8.7 billion of 2012, according to an IHS iSuppli Wireless Communications topi

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