The present wireless market is ready for the incipient boom in the wireless data space with expanding broadband services. Data traffic is growing in leaps and bounds and has more than doubled over the last three years. As a result, U.S. carriers are finding it increasingly difficult to manage rising mobile data traffic. The situation becomes even worse with the growing popularity of Apple Inc.’s (AAPL) iPhone and Google Inc.’s (GOOG) Android smartphones. Stiff competitive pressure and limited wireless spectrum licenses add to the difficulties. The carriers are in need of additional airwaves to expand their high-speed services and support 4G Long-Term Evolution (LTE) mobile broadband services. As a result, the wireless industry in 2012 is intent on tapping unused spectrum to expand their capacity. Sprint Nextel Corp. (S), which
↧