Wednesday, May 27, 2009

Stimulus means big bucks for wireless

ABI Research says the government will spend $6.8 billion for “wireless communications upgrades and new deployments” over the next two years, providing “a significant one-off opportunity for wireless equipment vendors.”

ABI analyst Stan Schatt estimates that roughly $1.07 billion of the money will be spent on upgrades or deployments of Wi-Fi services. Tech companies, telecom companies and ISPs will compete for broadband grants that will be administered by both the National Telecommunications and Information Administration and the U.S. Department of Agriculture...