Mobile Future, David Sosa, Ph. D and Marc Van Audenrode, Ph.D of the Analysis Group released a new study which reveals the crucial role mobile broadband can play in boosting the nation’s economy if additional spectrum is allocated for wireless networks.
The paper explains how robust private sector investment leading to substantial job creation, can be further stimulated by the reassignment of spectrum to mobile broadband. Between 2002 and 2010 alone, capital spending in the wireless industry exceeded $185 billion, creating roughly 420,000 jobs throughout the economy.
Reassigning an additional 300 MHz of spectrum to mobile broadband over five years, the report concludes, will spur $75 billion in new capital spending, creating more than 300,000 jobs and $230 billion in additional GDP. The release of an additional 200 MHz of new spectrum after five years will create an additional 200,000 jobs and increase GDP by an additional $155 billion.