Wireless Communications Sector to Benefit from $6.8 B Stimulus Funding.

The article reports that the American Recovery and Reinvestment Act (ARRA) will finance the $6.8 billion worth of wireless communications upgrades and new deployment in the U.S. over 2009-2010. According to the article, the Act provides essential one-off opportunity for wireless equipment vendors. ABI Research Inc. Vice President Stan Schatt stated that ARRA depicts a windfall for wireless service providers and for satellite service providers.