According to a market analysis report by Insight Research, the global telecommunications industry revenue will reach $1.2 trillion by the close of 2006, being led by the continued strong growth in wireless communications.

The report, “The 2006 Telecom Industry Review: An Anthology of Market Facts and Forecasts”, predicts that wireless revenue will approach almost 49% of all telecommunications services revenue by the close of 2006 and will grow to 55.6% of all telecommunications industry revenue by 2010.

IT News Online