Telecom equipment vendors ‘must have traction in emerging markets...
Telecom equipment vendors “must have traction in emerging markets to avoid being left behind by their competitors in 2009,” Ovum analyst John Lively wrote in a note Thursday. Emerging telecom markets outperformed mature ones in revenue and capital spending…
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growth Q1, he said. In South America, China, and India, capital spending increased at rates of 55 to 75 percent, he said. Meanwhile, changes in spending by operators in North America, Western Europe and Asia Pacific ran from a 6 percent increase to a 22 percent decrease, he said. North America was hurt most by the recession in the quarter, Lively said. Wireline revenue fell 7.4 percent, cable TV grew 3.8 percent and wireless grew 3.1 percent, he said. The figures are eight to 10 percentage points below rates before the recession, he said. Capital spending fell 22 percent in wireline, 14.6 percent in cable and 12.2 percent in wireless from a year earlier. India was the fastest-growing market, with wireline revenue up 16.4 percent year to year and mobile climbing 27.5 percent, Lively said. Capital spending was up about 60 percent for both fixed and mobile operators, he said.