ARLINGTON, Va.-Spending on all transport services will increase by 6.1 percent this year, to $345.3 billion, with the greatest growth in wireless and high-speed Internet access, the Telecommunications Industry Association said in its new “2003 Telecommunications and Market Review Forecast.”
“In the next year, we expect to see infrastructure buildout resume more earnestly as service providers prepare their networks to support broadband applications that keep consumers connected at home, at work and on the go,” said Matthew Flanigan, president of TIA.
Local services revenues will expand at an average rate of 5.8 percent, toll services at 1.7 percent and wireless services at 12 percent, the association projects.
“High-speed Internet access will generate additional network traffic to sustain growth through 2006,” TIA said.
