Almost half of Americans yawn over 4G LTE

Friday, August 24, 2012 - 03:00 in Mathematics & Economics

Who needs faster wireless networks? Nearly half of US consumers say they don't. A new survey finds that nearly half of U.S. consumers feel they just do not need 4G LTE. "Colossal power!" "Scorching speed!" "Take your office across the map!" Promotional slogans about 4G LTE devices from carriers and phone vendors about fourth-generation (4G) Long Term Evolution (LTE) networks apparently are not working. The survey from investment firm Piper Jaffray polled 3,000 individuals, results of which were released in a research note this week by analyst Christopher Larsen.

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