World LTE Revenues Hit Over $ 2.1 Billion in 2011 Says New Report
The report “The LTE Infrastructure Market: Vendors, Market Share, Key Trends & Forecasts” states that LTE (long term evolution technology) revenues have hit over $ 2.1 Billion in 2011, up from $ 0.6 Billion in 2010. As of Q4'2011 theNorth Americaregion accounts for over 42 % of the total LTE Infrastructure revenue. Ericsson and Alcatel Lucent are predicted to lead the market with present market shares of over 35 % and 27 % respectively LTE infrastructure Industry respectively in 2011 From a