Today in Mobile

The Wall Street Journal this morning cites a new forecast from iSuppli that claims mobile growth will push the worldwide telecom gear space toward the quarter-trillion dollar mark by the end of this year. That’s good news, of course, but next year’s performance should be “even more spectacular,” with revenue reaching $271.3 billion. That rosy outlook can be traced to three key factors: the rise in smartphone usage, the build-out of 4G networks and the overall economic recovery. None of those factors is a short-term trend, which is why I fully expect growth in the space to continue for at least the next several years.