Posted At: January 15, 2009 9:26 AM
Posted By: John Walls, Vice President, Public Affairs,
CTIA - The Wireless Association®
Related Categories:
Broadband
Congress is contemplating what should be included in an economic stimulus proposal which could likely be sent to the Obama Administration by the first week of February. When considering all of the possible areas to which those important funds could be dedicated, there's no question that directing a significant portion to wireless telecom makes sense and would be a major step toward achieving a successful outcome. CTIA President and CEO Steve Largent sent a letter this week to congressional leadership, making the rational and sensible case for wireless to be a part of the stimulus proposal, highlighting the short and long-term economic benefits that will result from that. Steve makes the point that broadband incentives in the package should be technologically neutral, and that wireless broadband investment now will facilitate faster network build-outs, create more jobs sooner, inspire tremendous and widespread gains in productivity and economic vitality, and recognize the realities of 21st century telecommunications and the incredible and superior value wireless affords all of us.
Speculation is rampant about what might be included in the package. However it takes shape, as Steve's letter points out, it certainly makes sense that the stimulus proposal should encourage wireless broadband investment and deployment. Consumers are the ultimate beneficiaries, as they'll be provided even faster mobile services, sooner and in more places than would otherwise be the case. New, high-paying, permanent jobs will also be created well-ahead of schedule, and a gain of as much as $186 billion in the Gross Domestic Product that can be realized by an investment of about $17 billion in wireless broadband is a much-needed shot in the arm for our nation's economy.
Numerous industry sectors are turning to wireless as an integral part of their growth and service strategies, and in this time of great need, it's clear support for the innovation and value that are hallmarks of this industry and provide such tremendous upside to consumers and businesses is the right call.
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