The global telecommunications sector recovered from the financial crisis of 2008 to record a growth of 4 percent of the income of U.S. $ 1850000000000 last year, according to a new report from Ovum.
The numbers reflect a reversal from 2009 when revenue fell 4 percent, said the report was released Tuesday after evaluating the financial performance of 2010 companies worldwide. He added that the improvement was driven by strong growth in mobile segments of BRIC (Brazil, Russia, India and China).
The research firm noted that the improvement in the numbers indicate that the recovery in the telecommunications industry was underway.
Matt Walker, principal analyst at Ovum, said in the report: “It’s too early to uncork the champagne yet, but within the context of a global economy slowly improving, the telecommunications sector is returning to sustainable growth.
The report said capital expenditure on the service provider (capital expenditure) for the global market fell 3 percent last year, compared with a decline of 9 percent in 2009. capital expenditure of Carrier rose 2 percent in the fourth quarter of last year over the same quarter in 2009, marking the first growth in this segment since the fourth quarter of 2008 when the financial crisis made its impact Ovum, said.
Walker said .. “The late harvesting of global capital spending in 2010 ousted the results for the whole year there is a general budget for the fourth quarter of color, but 2010 was stronger than that of 2009 when most companies remained nervous vendors face several quarters of bad times are certainly happy to see the tap capital spending again. ”
According to Ovum, the telecommunications industry in Asia and the Pacific, excluding India and China, registered capital spending growth in the second-best regional last year with an increase of 4.4 percent in 2009.
While the market in India suffered a fall of 39 percent for the poorest record that shows the sector in the region of Ovum said the optimism that this market will recover next year. The Chinese telecommunications sector also recorded the lowest capital intensity since 2006, a decline from 19 percent to 26.6 percent.
Most major global players such as ZTE, Juniper Networks, Ericsson and Nokia Siemens Networks enjoyed a healthy growth year on year in the fourth quarter of 2010. According to the report, Ovum, ZTE recorded a revenue growth year over year 40 percent, while Juniper saw its revenues by 26 percent. Alcatel-Lucent has expanded its revenue by 13 percent every year, Ericsson at 11 percent and Nokia Siemens at 0.5 percent.