U.S. telecom capex to see slight uptick in 2010

Telecom vendors rejoice: your carrier customers might finally start spending some money on your gear in 2010. According to a research note issued yesterday by Avian Securities, capex spending by both the traditional telecom and cable MSOs will see a small increase in 2010.

Avian analyst Catherine Trebnick said that capex spending will rise 1.5 percent to $57.7 billion from 2009's project figure of $56.85 billion.

Large carriers such as AT&T ($17.5 billion), Verizon ($16.6 billion, but down slightly), Comcast ($5 billion), and T-Mobile ($3.5 billion) will be the major drivers behind 2010 capex growth. Still, Trebnick pointed out that these capex goals are only preliminary and could change when these carriers put out their final budgets for the year. Not surprisingly, two key growth areas for service providers such as AT&T will be around wireless backhaul and IP upgrade initiatives.

However bright 2010 may seem, the figures fall below 2008's figures of $61.66 billion in aggregate U.S. service provider spending.

For more:
- Cable Digital News has this article

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