AT&T, China Mobile Lead 4G Wireless Spending Crusade
If money were water, providers of telecommunications gear and services might all be building arks. A November announcement from AT&T (T) opened the gates to a spending flood of near-biblical proportions among telecom service providers. AT&T's Project Velocity IP committed $14 billion within three years, spread over wireless and wireline broadband network improvements, with $8 billion funneled into
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