ABI Research expects growth of 10 percent in mobile telecoms capital expenditure in Latin America, rising to $6.1bn. Upgrades and expansion of 3G WCDMA and 4G LTE coverage will result in radio access network-related spending capturing 40 percent of CapEx. Investment in small cell base stations is garnering momentum with 40 percent year-on-year growth in 2014 to $484m.