HobbyMerge

Share stuff i like with everyone

Archive for the tag “telecommunication”

4G a boon to U.S. economy and jobs ?

The wireless carriers’ investment in 4G networks could be the salve that the ailing U.S. economy is looking for. The carriers could invest between $25 billion and $53 billion in building out their 4G network through 2016, according to a study from Deloitte. That in turn could lead to the creation of 371,000 to 771,000 jobs, and gross domestic product growth of $73 billion to $151 billion.

The rise of 4G networks could provide some support for an economy still struggling to recover, and which some believe is slipping back into a recession. The recent bitter political struggle to raise the national debt ceiling, the sharp declines in the stock market, and the continued high rate of unemployment have many still concerned.

Post Navigation

%d bloggers like this: