Impact of 4G Technology on Commercial Interactions, Economic Growth, and US Competitiveness
Impact of 4G Technology on Commercial Interactions, Economic Growth, and US Competitiveness
Venkat
Professor
Course
22nd November 2011
Research Question
How is 4G technology going to impact on commercial interactions, economic growth, and US competitiveness?
Introduction
In a bid to sustain the achievements made in the era of 3G technologies and foster efforts of economic recovery, the United States of America should stay abreast with the rest of the world by deploying 4G technology in its communication infrastructure. Being a world leader in the broadband applications, companies in the United States of America enjoy the efficiencies that come alongside the platform of these technologies. As compared to other economies in the world, it has the greatest 3G subscribers. Therefore, it is true to argue the mobile broadband is of paramount importance in the United States economic growth and global competitiveness. That is the reason why most policy makers are considering this technological frontier as one of the influential aspects of economic growth. The far-reaching effects of 4G technology cannot be neglected in most businesses. In the same magnitude through which 3G technology transformed the way of doing business, 4G technology is bound to take the business a notch higher (Tuttlebee, 2005).
Mobile broadband successes attained through the glamour of 3G have established a platform through which 4G will scale greater heights in fostering business performances. Therefore, efforts to maintain and expand emergence of 4G technology within the economy should be encouraged. The foundation established by 3G has created a firm ground through which 4G will advance.
The investment on 4G networks is likely to be in the range of between $23 and $53 billion in the period between 2012 and 2016 (Deloitte Consulting LLP, 2011). The investment in the 4G technology mobile broadband stand high chances
Venkat
Professor
Course
22nd November 2011
Research Question
How is 4G technology going to impact on commercial interactions, economic growth, and US competitiveness?
Introduction
In a bid to sustain the achievements made in the era of 3G technologies and foster efforts of economic recovery, the United States of America should stay abreast with the rest of the world by deploying 4G technology in its communication infrastructure. Being a world leader in the broadband applications, companies in the United States of America enjoy the efficiencies that come alongside the platform of these technologies. As compared to other economies in the world, it has the greatest 3G subscribers. Therefore, it is true to argue the mobile broadband is of paramount importance in the United States economic growth and global competitiveness. That is the reason why most policy makers are considering this technological frontier as one of the influential aspects of economic growth. The far-reaching effects of 4G technology cannot be neglected in most businesses. In the same magnitude through which 3G technology transformed the way of doing business, 4G technology is bound to take the business a notch higher (Tuttlebee, 2005).
Mobile broadband successes attained through the glamour of 3G have established a platform through which 4G will scale greater heights in fostering business performances. Therefore, efforts to maintain and expand emergence of 4G technology within the economy should be encouraged. The foundation established by 3G has created a firm ground through which 4G will advance.
The investment on 4G networks is likely to be in the range of between $23 and $53 billion in the period between 2012 and 2016 (Deloitte Consulting LLP, 2011). The investment in the 4G technology mobile broadband stand high chances
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