CTIA: U.S. Wireless Investment Hits Five Year High

The wireless industry invested $30 billion in 2020 to power America’s wireless networks, according to CTIA’s 2021 Annual Wireless Industry Survey. The association says this represents a five-year high, and the third straight year of increasing capital expenditures, pushing cumulative industry investment over $600 billion.

The investment means mobile speeds jumped 50 percent in the past year and 5G networks nationwide now cover over 300 million people. Investment has also sparked  5G for home broadband services. Such services — capable of over 100 Mbps downstream — are deployed in communities across the country. Survey results also showed increases in wireless data use, cell sites and data-only devices — indicators of the ongoing shift to the 5G economy. Continue Reading