As promised last Friday, here's a bit more data from the Telecommunications Industry Association's 2008 Review and Forecast: Bandwidth consumption quarupled in 2007 after doubling in 2006, giving the industry more evidence to believe it should keep investing to meet demand even while many telecom companies have issued queasy outlooks recently.
In other areas, the report from Wilkofsky Gruen Associates says worldwide telecom revenue hit $1 trillion in 2007, wireless service revenue increased by 16% and landline decline may be slowing. Report author Arthur Gruen noted there could be a "pause" in 2008 investment, but that overall the industry is in a much better position than it was during the downturn of 2001.
- read this follow-up at Telephony
- Take our poll on the industry's economic health, and comment with your view