by A. Montaqim
Consultancy firm Deloitte says 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.
The firms also says 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 US Competitiveness, investigates the economic dynamics surrounding 4G technology and explains how the US can maintain the global leadership position in mobile broadband innovation it won during the 3G era.
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