Global Telecoms Revenue Down 4%

Telecom service providers’ collective revenues fell 4.2% in 2009 to 1.65 trillion US dollars worldwide, according to Infonetics Research. The service providers cut capital spending by 5.9% to 295 billion dollars, Infonetics added. The world's ten largest service providers, ranked in order by 2009 revenue in US dollars, are AT&T, NTT, Verizon, Deutsche Telekom, China Mobile, France Telecom, Vodafone, Telefonica, KDDI, and Comcast, according to Infonetics. source: Telecompaper report