U.S. mobile operators invested a total of $35 billion last year, marking the fourth consecutive year of increased investment, according to the 2022 CTIA annual survey.
This capex figure compares to an investment of $30 billion in 2020 and $29 billion in 2019.
Since 2018, the year 5G launched, mobile providers in the U.S. have invested over $121 billion in their networks, according to the report.
“Wireless is America’s most competitive industry, and that competition continues to spur record levels of investment to build the world’s leading 5G networks,” said Meredith Attwell Baker, CTIA president and CEO. “Wireless competition is also continuing to benefit consumers—pushing wireless prices down and bringing real competition to cable.”
