Mobile operators to invest $72 Billion in wireless broadband

Thursday, 11 February 2010, 17:19 IST   |    1 Comments
Printer Print Email Email
Bangalore: Globally, mobile operators will invest up to $72 billion in wireless broadband technologies this year to accommodate surging demand, according to telecoms industry body GSMA, reports Reuters. The GSM Association (GSMA) has said that operators were expected to earmark about half of capital expenditure in mobile infrastructure for investments in mobile broadband, an overall increase of about 15 percent compared with 2009. Up to $34 billion will be invested in the Asia Pacific region, some $19 billion in North America and up to $14 billion in Europe, according to capex investment data compiled by Deutsche Bank, the GSMA said. "In addition, HSPA is showing significant increase in growth," said Dan Warren, Director of technology at GSMA. "By the end of this year we will have almost 340 million HSPA connections globally with 13 million new connections per month." By the end of 2009, nine million new HSPA connections were added on average. "That is not churn, those are totally new connections," Warren said.