Telco IT spend to decline as a percentage of revenues by 2016
By Shagun Bali, Analyst, Telecom IT, Ovum
Ovum publishes analysis of telco IT spending forecast
As market forces continue to drive substantial change in telecommunications, the industry’s IT spending will respond accordingly. Faced with limited prospects for revenue growth, telecoms service providers are keeping capital expenditure budgets in check. They are also reducing costs by outsourcing certain operations to leverage vendors’ economies of scale and expertise.
The market is witnessing rapid...