The mobile telecom equipment market will grow 7 percent to US$40.3 billion in 2011 after shrinking for two years in a row, helped by investments in new LTE networks, according to a Reuters report that cites iSuppli research. The wireless telecom gear market contracted 5.7 percent in 2009 as operators cut spending in the recession and aggressive Chinese vendors drove down prices, and will tumble a further 2.3 percent this year as operators continue to focus on costs, iSuppli said.