Global telecom capital investment dipped in the wake of the 2008 Great Recession, as you might expect. But what of the longer-term trend? Some believe telecom capex, on a global basis, will be steady and upward, reflecting growing revenue in many regions.

“The near-six percent increase in global telecom carrier capex we expect in 2011 over 2010 is due in part to AT&T’s ramping LTE deployments, HSPA+ upgrades, and investments in WiFi hotspots for traffic offload,” says Infonetics Research analyst St

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