The introduction of 4G could provide a boost of 0.5 per cent to the UKs GDP (Gross Domestic Product) – equivalent to an annual £75bn – by the end of the decade, according to research from Capital Economics.
Commissioned by Everything Everywhere, the research also shows that the introduction of LTE mobile broadband will unlock £5.5bn private investment by the mobile industry, and create or safeguard a total 125,000 jobs.
“The introduction of 4G mobile broadband will create substantial long-term benefits for the economy and consumers, ultimately boosting UK GDP by as much as half a percentage point,” says report author Mark Pragnell. “The near-term private industry investment we project is substantial – and opportune for the wider economy given the recent investment slump.” 
The research accompanies the telcos launch of the 4GBritain.org website, which explains the benefits of mobile broadband for organisations and individuals.
