+1-518-621-2074 | US-Canada Toll Free Contact Us

Growing Trend of Billionaires Focusing on the Wireless Market

about us

Published on : Aug 05, 2014

The demand for wireless data in the U.S. is growing and it is predicted by market analysts that soon wireless data will move beyond smartphones and handheld tablets to other devices. Devices such as cars, thermostats, smartwatches, etc., will soon have technology which enables them to connect to the Internet.

According to the CEO of Verizon, Lowell McAdam, U.S. is one of the most powerful economies in the world and provides a competitive good framework for the wireless technology; it still has the potential to grow due to low rate of penetration in comparison to other regions of the world.

Currently, T-Mobile US Inc. has become a bait for billionaires even though it is a small national competitor in the industry and majority of the population already have a mobile phone. Xavier Niel from France and Masayoshi Son from Japan are bidding on this company before there is a new surge in demand for mobile data services.

Recently, Verizon Communications Inc. justified their USD 130 billion dollar deal to acquire full control over Verizon Wireless. The sales of data are increasing by 18 percent this year. The investment in faster 4G downloading speed in the U.S. has overshadowed that of Europe.

Recently, Masayoshi Son stated that mobile Internet is the most crucial infrastructure of this century, and he would like to provide the U.S. population with the best network in the world.

Asia has the dominant share of traffic due to its large population, while North America also has a large share of advanced gadgets which require even quicker upload and download speeds. This is the reason why wireless carriers charge more in this region.

Tell Us What You Need and We’ll Get Back with the Best Solutions Available.


get in touch

Location :

State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States

Call Us :

US/Canada toll free : 866-997-4948

Tel : +1-518-621-2074