Tuesday, July 8, 2008

TIA Predicts Global Telecom Revenue to Hit $5 Trillion in 2011

Global telecommunications revenue is projected to hit nearly $5 trillion by 2011, with growing demand for high-volume data applications driving both business and consumer markets, according to the Telecommunications Industry Association (TIA).

TIA also announced today that it is working with TelecomView, a strategic analysis firm for the telecommunications industry, to create a series of forecasts for the year 2020.

In November 2008, TIA will publish the ICT2020 Brief that will define the best practices for service providers in the year 2020 and will give examples of companies today that have already made significant progress along this path. The ICT2020 Analysis will be published in February 2009 and will provide an extensive analysis of the progress being made toward the standard defined in the ICT2020 Brief. http://www.tiaonline.org