According to a Infonetics Research, telecom operators worldwide will hold on their cash for the year 2010. Capital expenditure (capex) will touch rock bottom in 2010. Global capex is forecast to decline at most 6% in 2009, claims the research.

The new investment cycle will start in 2011, driven by 3G rollouts in India, and central and Latin America; the start of 3G rollouts in Africa; and a ramp-up in LTE deployments in Australia, Brazil, western Europe, Japan, and North America.

Click here to read further