Network Investments at 4-Year High as Carriers Build 5G Networks: CTIA

U.S. wireless providers invested $29.1 billion in their networks last year, a four-year high, as they built out 5G, said CTIA in its annual survey, released Tuesday. “This significant investment helped prepare U.S. wireless networks for the traffic spikes and shifts from COVID-19 this year and to handle last year’s 37 trillion MBs of mobile data, which represents a 30% increase from the year prior and is 96 times the amount of mobile data used in 2010,” CTIA said: Mobile traffic increased by 30% over the previous year and industry added more than 46,000 more cellsites. Wireless connections increased by more than 20 million to 442.5 million, CTIA said.