Telecom Spending Detailed - InformationWeek

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12/22/2003
02:20 PM
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Telecom Spending Detailed

A new study by Insight Research says four vertical industries accounted for more than two-thirds of all business spending on telecommunications services in 2003. The industries wholesale trade; financial, insurance, and real estate; professional business services; and communications account for 68.5% of business telecommunications expenditures. The study also says that businesses in the United States spent nearly $161 billion on wireline telecommunication services for the year and projects that business spending will grow to $234 billion by 2008.

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