This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4G Wireless: Years, Miles to Go

NEW YORK ( TheStreet) -- Fourth generation wireless networks -- also known simply as 4G -- will be one of the biggest tech building booms of the decade. We're talking one of those rare and sweeping industry transition points that promises to stimulate big spending, new product cycles and the remake of the Internet for an era of mobile computing.

For investors, the upgrade reeks of another Internet gold rush: 4G promises to take smartphones to desktop speeds, unleash a whole new crop of wireless devices and finally deliver the full potential of the mobile Internet.

But don't start picking your winners yet. Objects in the tech distortion window can appear deceptively close at hand -- the distance from here to 4G is farther than you might have guessed.

"These are still the early days," says Ericsson (ERIC - Get Report) CFO Jan Frykhammar. "I don't believe we will see significant revenue from 4G until 2012."
COO Jan Frykhammar.
Ericsson CFO Jan Frykhammar.

Blame Verizon (VZ - Get Report) for starting the clock a little too early on 4G. In Nov. 2007, jockeying for a leading edge in the wireless race against AT&T (T - Get Report) and Sprint (S), Verizon announced that it was taking the long term evolution (LTE) path to 4G. Verizon has vowed to have LTE available in more than 25 cities this year. But high-priced chips and a lack of LTE gadgets all but guarantees that the true 4G action won't arrive for a few more years.

Following with its own LTE plan, AT&T announced its intentions in Feb. 2008. And as a backer of Clearwire's (CLWR) WiMax flavor of 4G wireless technology, Sprint has said that it hasn't ruled out an LTE upgrade path.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ALU $3.46 0.87%
AAPL $93.74 0.00%
ERIC $8.09 0.00%
NOK $5.87 0.00%
T $38.82 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs