The latest GSMA Intelligence report on 5G estimates that U.S. operators will spend about $100 billion (excluding spectrum acquisitions) between 2018 and 2020 on upgrading their LTE networks and investing in 5G.
That equates to about $33 billion per year and accounts for about 13 percent of mobile revenue per year during that time frame. However, expansion of 5G to a larger footprint, especially in rural areas, could require more capex than what is forecast in 2020, the group said.
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