Long Term Evolution Spending to See Explosive Growth Through 2014 - IHS (VZ) (T) (S)
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According to a report from IHS Friday, long term evolution (LTE) spending is expected to ramp up at a rate of 107.5 percent from $1.5 billion in FY10 to $27.9 billion in FY14.
"While this spending represents tremendous growth in next-generation wireless technology, carriers still will be required to support multiple air interface technologies simultaneously, as the migration to 4G and LTE will not happen overnight," noted Jagdish Rebello, senior director and principal analyst for communications and consumer electronics at IHS. "In most cases, carriers will need to offer 2.5G, 3.5G and 4G technologies in order to support all customers and roaming customers. As a result, semiconductor suppliers must focus on developing effective infrastructure solutions that not only meet the current needs of carriers but also achieve alignment with the 3G/3.5G technology migration paths of the carriers to 4G."
Expected to spend on the expansion are companies like Verizon (NYSE: VZ), Sprint (NYSE: S), and AT&T (NYSE: T), among others.
Reaping the benefits will be Clearwire (Nasdaq: CLWR), Alcatel-Lucent (NYSE: ALU), CIENA Corp. (Nasdaq: CIEN), and others.
"While this spending represents tremendous growth in next-generation wireless technology, carriers still will be required to support multiple air interface technologies simultaneously, as the migration to 4G and LTE will not happen overnight," noted Jagdish Rebello, senior director and principal analyst for communications and consumer electronics at IHS. "In most cases, carriers will need to offer 2.5G, 3.5G and 4G technologies in order to support all customers and roaming customers. As a result, semiconductor suppliers must focus on developing effective infrastructure solutions that not only meet the current needs of carriers but also achieve alignment with the 3G/3.5G technology migration paths of the carriers to 4G."
Expected to spend on the expansion are companies like Verizon (NYSE: VZ), Sprint (NYSE: S), and AT&T (NYSE: T), among others.
Reaping the benefits will be Clearwire (Nasdaq: CLWR), Alcatel-Lucent (NYSE: ALU), CIENA Corp. (Nasdaq: CIEN), and others.
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