Global Telecommunications Spending Tops $5 Trillion

By | June 27, 2014

Scalper1 News

Global telecommunications industry spending rose 5% to $5.1 trillion in 2013, down from a 7% increase in 2012. Slower growth in international regions offset a pickup in the U.S. market last year. Telecom spending this year is projected to rise another 5.1% to $5.37 trillion, reports the Telecommunications Industry Association. Asia Pacific had the world’s largest telecom market at $1.7 trillion in 2013, followed by the U.S. at $1.25 trillion and Scalper1 News

Scalper1 News