“North American mobile cellular capital expenditure is expected to hold its ground in 2012 year-on-year, with expenditure of around $10 billion,” predicts Jake Saunders, vice president/Forecasting at ABI Research. “In 2013, mobile capital expenditure is likely to surge 4.9 percent to $10.5 billion as North American operators continue upgrading their networks.” For example, Sprint’s wireless upgrades to support LTE helped drive up its capex to $710 million in 1Q12, up 58 percent YoY. 

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