Summary of Day One at International CTIA WIRELESS 2012

Day One here at International CTIA WIRELESS® 2012 is coming to a close. We just heard from the CEOs of the four largest U.S. carriers who engaged in a spirited discussion with CNBC’s Jim Cramer, host of "Mad Money." They spoke about the transition to LTE networks, advances in home security and automation and the competitive nature of the wireless ecosystem. We will post clips from these keynotes on our show coverage page tomorrow morning.

Earlier today, Steve Largent, President and CEO of CTIA-The Wireless Association® opened the keynotes by sharing CTIA statistics, such as the incredible growth of wireless data traffic and the $113 billion carriers have spent in capex over the past five years. He also announced the NOLA Parents Guide, a free mobile app to inform New Orleans K-12 parents and students about all of the city’s open public schools, including independent public charter schools. Clips from these keynotes are available now on our show coverage page.

Steve was followed by Patrick Riordan, President and CEO of Cellcom and 2012 CTIA Chairman of the Board, who discussed CTIA’s 2012 initiatives such as cybersecurity and bringing more spectrum to market. Gary Flood, President of Global Products and Solutions, MasterCard Worldwide, then spoke about the future of mobile payment systems and mobile commerce. Joe Kennedy, CEO and President of Pandora, wrapped up the morning’s keynotes by explaining the “tectonic shift” consumers experienced with mobile data for content delivery.

We also announced the 2nd Annual BIG Idea winners:

• First Place: Broadsoft
• Second place: Missing Link
• Third Place: Tip Solutions

For all CTIA show coverage, visit our show coverage page. See you here on the blog tomorrow for Day Two coverage!