China 4G Capex to Double in 2011

China’s investment in Long Term Evolution is set to double in 2011 as the country’s major telecom carriers move to upgrade services, according to new IHS iSuppli research.

Although capital expenditures in China for LTE now are at miniscule levels, spending by the carriers will rise rapidly during the years to come. Capital spending for LTE in 2011 is projected this year to reach $100 million, double the $50 million of 2010. It then will triple in size to $300 million next year, jump to $600 million the year after and hit $1.3 billion by 2014.



http://www.isuppli.com/China-Electronics-Supply-Chain/MarketWatch/Pages/China-Carriers-to-Double-4G-Capital-Expenditures-in-2011.aspx