Since 2008, cable, telcos and wireless operators have collectively spent $250 billion to expand mobile and wireline broadband availability to consumers in the United States.
The $250 billion figure was part of data released by the three main telecom industry associations: the US Telecom Association, the National Cable & Telecommunications Association (NCTA) and CTIA.
Despite the fact that consumers and businesses are still reeling from the recent economic crisis, industry analysts forecast that service providers will spend about $60 million on expanding broadband services this year. Part of that investment will be complemented by broadband stimulus grants that a number of large telcos have won this year.
On a segment by segment basis, wireline service providers spent $89 billion, while wireless and cable operators spent $71 billion and $40 billion, respectively.
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