Research firm IHS forecast that worldwide service provider capex will rise 0.7% to 341 billion US dollars in 2016, "mainly propelled by a much-needed wave of investment in wireline broadband—for example, fiber to the X (FTTX)—in Europe. Spending on every type of hardware equipment except wireless and time-division multiplexing (TDM) voice will rise in 2016."
IHS projects that global telecom service revenue will grow by over a percentage point this year to 1.93 trillion US dollars, after declining 4% in 2015. Source: IHS statement
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