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Corporate Phone Bills Now One-Third Cellular, Says Insight Research
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BOONTON, NJ.
March 17, 2006:
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Spending by businesses on wireless telecommunications
services accounted for nearly one-third of the corporate bill for
telecommunication services in 2005, says a new market research report from
Insight Research. By the close of 2005, total US business spending on
telecommunications services reached just over $132 billion, and by 2010
business spending is forecasted to grow to nearly $150 billion, according
to the new research study.
Insight’s newly-released market analysis report,
Telecom
Services in Vertical Markets 2005-2010, reveals that four
industries—wholesale trade; financial, insurance, and real estate;
professional business services; and communications—accounted for 70
percent of corporate wireline telecommunications expenditures in 2005.
The industries spending the most on wireless in 2005 included:
healthcare; financial, insurance, and real estate; and transportation.
The study analyzes 14 vertical industries categorized by the Standard
Industrial Classification (SIC) system, and focuses on corporate spending
for wireline and wireless telecommunications services in each of the 14
industries.
“The mergers now reshaping the telecommunications industry signal an end
to the price war in wired services, but revenue growth in wireline
services is not forecasted to bounce back,” says Robert Rosenberg,
President of Insight. “Wireline revenue growth will be constrained by the
growth of wireless spending, though that increase is going to be uneven
across the various business sectors,” Rosenberg concludes.
A free report excerpt, table of contents, and ordering information are
available online at
http://www.insight-corp.com/reports/vertical05.asp
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The 2006
Telecom Industry Review: An Anthology of Market Facts and Forecasts |
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Fixed Mobile Convergence: Single Phone Solutions for
Wireless, Wireline, and VoIP Convergence 2005-2010 |
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Grid Computing in Vertical
Markets, 2005 - 2010 |
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