Worldwide Telecommunications Industry Growing at Double Digit Rate Despite Current Economic Turmoil, Says Insight Research Corp.

BOONTON, N.J., Jan. 6 /PRNewswire/ -- Despite the unsteady state of the global financial markets, the worldwide telecommunications industry is expected to continue expanding over the next five years as growth of wireless services in emerging markets offsets the spending slowdown in the advanced economies, says a new market analysis report from The Insight Research Corporation. According to the new industry market study, overall telecommunications services revenues are expected to grow at a compounded rate of nearly 13.8 percent over the next few years, reaching $3.7 trillion by 2015.

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