Technology News

US Carriers To Invest Billions In 2013

Monday, July 30, 2012 5:13:00 AM PDT | VentureDeal

   Singapore  --  US wireless carriers will invest $10.5 billion in network upgrades in 2013, according to a report by ABI Research.

The report, "Mobile Capital Expenditure Forecast: North America," estimates that capital expenditure will increase by 5% in 2013 versus 2012 as carriers invest in 4G LTE network expansion.

The report also goes on to state that some of this increase could be due to incumbents responding to upstart Clearwire's continued push into the space.

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