LTE subscribers topped 12 million in 2011, says Maravedis report

MONTREAL - The worldwide LTE subscriber base nearly doubled in size over the previous quarter to reach 12.02 million subscribers by the end of 2011, according to new research from Maravedis. In its 17th issue of the 4GCounts Quarterly Report, the Montreal-based research firm said that the quarter-over-quarter subscriber increase for LTE and WiMAX was 92% and 14%, respectively, over that reported at the end of the third quarter of 2011. By the end of last year, 54 operators worldwide had launched LTE commercially, 19 during the fourth quarter alone. An additional 224 major mobile operators had committed to launching the technology...