Tuesday, August 23, 2011

U.S. Could See $53B in 4G Network Investments by 2016, with 771K New Jobs

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A new Deloitte report states that wireless telecommunications companies in the United States could invest $25 to $53 billion in fourth generation cellular wireless networks (4G) between 2012 and 2016, triggering $73 to $151 billion in gross domestic product growth and creating 371,000 to 771,000 jobs. Additional growth could occur as high-tech companies create new mobile broadband products and services, further changing the way people live, work and learn.

The Deloitte report, “The Impact of 4G Technology on Commercial Interactions, Economic Growth and U.S. Competitiveness,” investigates the economic dynamics surrounding 4G technology and explains how the U.S. can maintain the global leadership position in mobile broadband innovation it won during the 3G era.