Wireless Infrastructure Investment Will Boost Economic Activity & Create JobsComments Off on Wireless Infrastructure Investment Will Boost Economic Activity & Create Jobs
- Between $863 billion and $1.2 trillion in cumulative economic development over the next five years, a 606 percent increase over the total amount the wireless industry will invest.
- A 2.2 percent increase in GDP by 2017.
- A direct impact of $85 billion to $87 billion of economic growth per year over the next five years, for up to a 0.5 percent improvement to GDP per year.
- The creation of over 28,000 jobs in 2017 and over 122,000 jobs in the next 5 years in the wireless infrastructure industry alone.”
Even though many people are hesitant to see the wireless industry grow for fear of more towers and change within the community, it’s necessary for our economic growth. “The simple truth is that a 2.2 percent increase in GDP and 1.2 million new jobs will not come about by magic,” said PCIA President & Chief Executive Officer Jonathan Adelstein. “They will only occur if, as a nation, we recognize the fundamental importance of having a robust, ubiquitous, and affordable wireless broadband network that meets the demands of the 21st Century economy. This is as true for local zoning board members as it is for FCC Commissioners.”