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Pyramid sees strong global telecom market

CAMBRIDGE, Massachusetts, United States-Casting some sunshine on the bleak telecom industry, Pyramid Research released a report predicting the global telecom sector will increased from about US$1 trillion this year to US$1.3 trillion in 2007, a compound annual growth rate of 6 percent.

“Emerging markets, particularly China, are driving the bulk of this growth,” said Elizabeth Bramson-Boudreau, global product manager.

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