Global Telecom Growth Accelerates

Following a 4.1% increase in 2010, global telecom service provider revenue will grow 7.6% in 2011, to 1.86 trillion US dollars, according to Infonetics. The research firm forecasts telecom service revenue provider will rise to 2.17 trillion dollars in 2015, driven by mobile broadband. Infonetics expects global telecom carrier capex to total 310.8 billion dollars in 2011, up 5.8% over 2010.  source: Infonetics statement