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General

US businesses to spend USD 154 bln for telecoms services

Friday 18 May 2012 | 06:51 CET | News
The US telecommunications industry continues to expand as business spending for wireless services fuels industry revenue growth, according to a report from Insight Research. US businesses are expected to spend USD 154 billion for telecommunications services in 2012. Business spending on wired and wireless calling will grow to USD 184 billion by the close of 2016, representing a compound annual growth rate (CAGR) of 4.8 percent over the forecast period. The study also found that business spending for cellular and other wireless services is creating all of the growth. While US business spending

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Categories: General
Countries: United States
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