Following two years of declining expenditures, global capital spending on wireless infrastructure equipment is set to return to growth in 2011 as carriers in the developed world start deploying next-generation 4G networks, according to iSuppli.

CTIA has released an updated version of its “Consumer Code for Wireless Service,” which was originally developed in 2003 to help consumers make informed choices when selecting and managing their wireless service.

The Wholesale Applications Community (WAC), an alliance of telecommunications companies committed to building an open applications platform, has outlined the business models and technology evolution path that will enable developers and operators to monetise applications and services.

New analysis from Frost & Sullivan , 2010 North American Consumer Location-based Services (LBS) Market – The Wireless Carrier Opportunity, finds that the wireless carrier-generated segment of the North American consumer LBS market amounted to on-deck application software revenues of approximately $718 million in 2009 and forecasts this to reach $1.58 billion in 2015.

With cell phones increasingly becoming the nexus of the burgeoning markets for navigation and Location Based Services (LBS), the use of GPS technology in such platforms is set to explode during the coming years, according to iSuppli.

T-Mobile today announced the continued expansion of its super-fast mobile broadband network to more than 85 million Americans-the most pervasive network to offer 4G speeds in the country. The company is on track to deliver HSPA+ speeds in 100 major metropolitan areas with backhaul in place, covering 185 million people in the U.S. by the end of this year.

Apple has announced financial results for its fiscal 2010 third quarter ended June 26, 2010. The company posted record revenue of $15.7 billion and net quarterly profit of $3.25 billion ($3.51 per diluted share).