LTE Capex About to Take Off

Between now and the end of 2014, the spend on Long Term Evolution (access networks and packet core) will rise fourteen-fold, from $320 million to $4.5 billion, and the EU will account for between 35 and 40 percent of the global total.

After 2014, as emerging economies start to roll out LTE more widely, the EU percentage of the total market will fall, but its spending will continue to rise for the rest of the decade.

Yankee Group :: Research Report