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Utilities Telecom Spending Market Forecast - July 2009

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Fueled by billions in government stimulus funding, total utility telecom-related spending could top $5 billion in 2010 according to UTC’s just-released study, Utilities Telecom Spending Market Forecast. Based on an extensive survey of its North American utility members, the study found that industry-wide spending on telecom-related equipment and services totaled $2.33 billion in 2008. This spending is increasing by 13% to $2.64 billion in 2009, a trend that stands in contrast to the current downturn in the overall telecommunications equipment and services market.

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