SPOTLIGHT: Private line services to hit $40.6B in '08

INSIGHT Research predicts spending on private line services will hit $40.6 billion this year, posting solid growth for the third straight year.  According to the company's "Private Line and Wavelength Services, 2008-2013" report, continued growth will come as a result of strong demand for private lines used to back-haul 3G wireless services, increased demand for local bandwidth needed to cache IPTV video services, and the quickening pace of adoption of VoIP by large enterprises that are using private lines to link hosted and dedicated VoIP PBX solutions. 

For more:
- INSIGHT announces Private Line report.  Release

Related articles
Credit Suisse: 2008 carrier capex tightening
Top Telecom Industry Predictions for 2008

Suggested Articles

Verizon ruled the roost for fastest U.S. broadband speeds in Ookla's second quarter Speedtest results, and was also tops for lowest latency.

Fresh off of last week's partnership with Aryaka, Alibaba Cloud announced it was working with Equinix to bolster its worldwide presence.

Orange and Nokia announced on Wednesday that they completed a successful trial for testing 5th generation photonic service engine (PSE-V) chipsets.