Forecast: LTE vendors to grow 50% a year through 2016

08/9/2012 |

The explosion in Long-Term Evolution networks worldwide will spark an eightfold increase in spending on Mobile Radio Access Network LTE gear through 2016, or a 50% compounded annual growth rate, according to a report from the Dell'Oro Group, a research company. "It has been only 18 months since the first large scale commercial deployment of LTE and it is already generating more than 15% of total RAN revenues," analyst Stefan Pongratz said.

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