3G WCDMA infrastructure market grows 55% in 4Q says report

February 17, 2004

According to a newly published report by Dell'Oro Group, mobility infrastructure revenues increased 33% in 4Q03 to $8.9 Billion, compared with 3Q03. Such strong growth in the fourth quarter propelled the market to finish 2003 down only slightly versus 2002 at $28.7 B. Contributing to the market's strength was a resurrection of Service Provider capital spending in the second half of the year, as well as a weakened US Dollar.

The WCDMA infrastructure market performed particularly well, growing 50% Q/Q to surpass $1 Billion for the first time. "The market for WCDMA infrastructure equipment will continue to gain momentum as WCDMA services finally begin to roll-out on a more sustained basis in 2004," commented Greg Collins, Senior Director, Dell'Oro Group. "Moreover, the market for GSM/GPRS/EDGE equipment will remain relatively stable through 2004 as Service Providers, many of whom will ultimately transition to WCDMA, continue to invest in keeping their GSM-based infrastructure current, at least through 2004."