The CDMA Development Group (or CDG for the folks playing at home) is reporting that within the past two months, worldwide operator investments in CDMA2000 networks approached US$1 billion. The CDG also stated that analysts believe operators worldwide will have invested up to US$13 billion in CDMA2000 networks by the end of 2006.
“Based on the infrastructure investment numbers alone, CDMA2000 has proved to be capable of generating billions of dollars in ROI,” said Perry LaForge, executive director of the CDG. “With its two-to-three year lead against competing technologies to deliver next-generation services, these investments in CDMA2000 are pushing the envelope towards optimizing wireless telecommunications technology around the world.”
In the last two months, several operators have announced their plans to continue to invest in their CDMA2000 networks, such as Verizon Wireless, India’s Tata Teleservices and Russia’s SkyLink.