LONDON--(Marketwire - Nov 1, 2012) - Companies in the wireless communications industry, such as Vodafone Group plc and Sprint Nextel Corp., continue to benefit from rising demand for wireless and data services. Conversely, intense competition, interest expenses and costly network deployments have plagued a number of industry players.
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So far, third quarter financial reports have been mixed, however, most have been successful in growing revenues. Smartphone penetration has been driving growth as has soaring mobile data revenue. In most cases the growth in revenue from companies' wireless segments more than offset continuing declines in wire-line businesses. Analyst opinion on Vodafone Group plc accessible for free at
Many companies in the wireless communications industry are also working hard to deploy new, upgraded 4G LTE networks. These roll outs improve growth prospects moving forward and promise possible operating expense reductions as they are more efficient to manage. Nonetheless, at present the process is expensive and could stress balance sheets which in this industry are often highly leveraged. See what our analysts have to say on Sprint Nextel Corp. Follow the Link below
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