US vendor group sees first-ever slide in global revenue

Dan O'Shea, FierceTelecom
25 May 2009

Perhaps it doesn\'t feel like the telecom industry has been hit too hard during this particular economic recession, but just how bad is it‾

The US Telecommunications Industry Association (TIA) - whose primary membership is network equipment vendors - released its annual report and outlook for the global telecommunications industry, and it shows a decline in worldwide revenue for 2009, a first in the more than 20-year history of the TIA report.

The anticipated 3.1% overall drop this year is at least partially due to a 27% fall in the US broadband equipment market.

The negative news is significant, because the global report usually manages to find a silver lining somewhere in the world that makes up for whatever markets might be experiencing difficulty.

If there\'s a silver lining in this report, it\'s the expectation that strong growth lies ahead, with global revenue predicted to grow 1.2% in 2010, 6.4% in 2011 and 7.9% in 2012.

For more:
- Telephony has this

Related content

Follow Telecom Asia Sport!
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.