Tuesday, May 26, 2009

Wireless communications sector will reap huge benefit from $6.8 billion stimulus bill funding - FierceWireless

May 26, 2009

The American Recovery and Reinvestment Act (ARRA, also known simply as the Stimulus Bill) will provide funding for a massive $6.8 billion worth of wireless communications upgrades and new deployments over 2009-2010. The Act offers a significant one-off opportunity for wireless equipment vendors, an opportunity that is examined in depth by a new study from ABI Research.

"The ARRA represents a windfall for wireless service providers as well as for satellite service providers," comments vice president Stan Schatt. "It will have an enormous impact on Wi-Fi and wireless broadband vendors. It will also immediately benefit a number of specific vertical industries including healthcare, education, homeland security, the environment, and the nation's electricity infrastructure..."