Long-term evolution cash exceeding WiMax in 4G spends

Telcos are spending more on construction of long-term evolution networks than on WiMax, according to a report by IDC

Spending on long-term evolution will continue to gain momentum and surpass the total spent on WiMax deployments by the end of 2011, according to a report by IDC.

Telecom carriers are busy building out 4G networks and most of them — led by Verizon Wireless — are betting on long-term evolution (LTE). Sprint, Clearwire and partners are betting on WiMax, but also leaving the door open to LTE.

IDC reckons that more than a dozen LTE networks will go live this year. LTE infrastructure revenue will be just below $8bn (£5bn) by 2014, according to IDC.

For more on this story, see 4G wars: LTE spending to surpass WiMax, says IDG on ZDNet.com.