Deloitte

Wireless telecom companies in the United States are likely to invest $25 to $53 billion in fourth generation networks between 2012 and 2016, according to Deloitte.

The massive investment in 4G networks has the potential to accelerate $73 to $151 billion in gross domestic product growth and create 371,000 to 771,000 jobs while the period, the innovation firm said.

Additionally, mobile broadband products and services are likely to positively impact people’s work, learning and lives, Deloitte said its report called "The Impact of 4G Innovation on Commercial Interactions, Economic Growth, and U.S. Competitiveness."

"Investment in such a powerful form of communication contributes to the economic recovery and provides a job-creating engine for the future," said Phil Asmundson, vice chairman and U.S. media and telecommunications sector leader, Deloitte, in a statement. "The key to harnessing the potential benefits of 4G research lies in America's market-driven wireless sector."

Cloud computing is expected to fuel 4G growth. Cloud enables the U.S. to gain from 4G's impact by allowing developers and entrepreneurs to analyze the market's response to new applications, content, solutions and business models – cheaper and quicker.

The 4G mobile broadband will assist minority groups

The 4G mobile broadband will assist minority groups, rural communities and localities with limited access to full broadband connectivity.

Recently, independent analyst and innovation firm Frost & Sullivan announced that LTE (Long Term Evolution, latest standard in the mobile network technology) deployments will fuel the growth of Wireless Protocol Analyzers and Network Monitoring Systems market to reach $850.6 million in 2016 from $575.3 million in 2009.

Wireless data services being offered at competitive rates lead to requirements for network and service troubleshooting tools and protocol analysis-based optimization, according to Frost & Sullivan.

The latest in communications

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