3G: Short for Going, Going, Gone?

Enthusiasm for building next-generation wireless infrastructure is waning on both sides of the Atlantic, grim news for several big players

What a difference six months can make. Last summer, next-generation wireless networks were red hot. Analysts touted the stocks of equipment manufacturers as strong buys. It was easy to see why: The new networks promised faster connections and an infrastructure that could support more users than existing wireless-phone systems. A one-two punch, it was supposed to unleash customer demand for new services, such as zippy wireless Internet browsing and video streaming.

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