February 06, 2012 08:20 ET
Explosive LTE Growth Benefits Vodafone and Verizon
Five Star Equities Provides Stock Research on Vodafone & Verizon Communications
NEW YORK, NY--(Marketwire - Feb 6, 2012) - Companies focused on the 4G market are poised for growth in the coming years. IHS iSupply forecasts that aggressive LTE rollouts will make spending on 4G LTE the primary source of wireless infrastructure spending by 2013. The research firm says that it expects that the global capital spending on the 4G/LTE standard will ramp up to almost $24.3 billion next year from the expected $8.7 billion spending on 4G/LTE in 2012. Five Star Equities examines the outlook for the Technology Sector and provides equity research on Vodafone Group PLC (
[ www.fivestarequities.com/VOD ]
[ www.fivestarequities.com/VZ ]
By 2015, LTE spending is expected to reach $36.1 billion, compared with $9 billion on 3.5G technologies, IHS estimates. Revenue from 3.5G technology is likely to reach $19.8 billion in 2013, the research firm added. IHS expects 4G networks to evolve with the help of metro cells, or "small cells," to augment coverage in high-traffic areas and to be used alongside WiFi hotspots.
"The number of mobile network operators that are trialing, deploying or commercially operating 4G/LTE networks now has grown to about 200 worldwide, up from 160 in 2010. And such widespread support will drive carrier spending on LTE to surpass 3.5G by next year," Jagdish Rebello, director and principal analyst at IHS explains.
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Verizon Wireless -- a joint venture between Verizon Communications and Vodafone Group plc -- leads the telecom industry in LTE deployments with more than 190 markets, covering more than 200 million people as of December 2011.
Last month Verizon Communications reported that it lost $2.02 billion, or 71 cents per share, in the last three months of 2011. That compares with net income of $2.64 billion, or 93 cents per share, a year ago.
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