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Article: Revenues in the Wireless Broadband Market Will Soar 418 Percent In Next Five Years, The Strategis Group Reports.
- Article from:
- PR Newswire
- Article date:
- December 6, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, Dec. 6 /PRNewswire/ -- Wireless broadband revenues -- driven by local telephone service and Internet usage -- will grow at a 418 percent compound annual rate over the next five years, The Strategis Group said today.
In the "U.S. Wireless Broadband: LMDS, MMDS and Unlicensed Spectrum" report released today, The Strategis Group, the Washington, D.C.-based telecommunications research and consulting company, predicts that wireless broadband revenues will reach $3.4 billion in 2003, compared to 1999 revenues of $11.2 million.
"By 2003, we forecast that no less than 34 percent of U.S. households and 45 percent of U.S. businesses will be serviceable ...