On March 20, AT&T announced that it has entered into an agreement to acquire T-Mobile USA, the fourth-largest U.S. wireless carrier. This deal highlights the future investment potential unleashed by demand for mobile data.
The convergence of many types of high bandwidth content — especially video — on mobile devices, tablet computers, and Internet–connected television is generating rapid growth in data traffic on telecommunications networks. Forecasts suggest traffic may grow more than 30% annually over the next several years. Telecom companies may be able to translate data traffic into