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China, Europe to drive telecom network investment in 2014

Market research group Gartner sees global sales of network equipment to carriers rising 6 per cent to $85.4 billion this year, up from 3% last yr

Reuters  |  Stockholm/ Paris 

Telecoms network operators are expected to spend more on equipment for the second straight year in 2014, with China and Europe bringing a fresh spurt of growth as service providers need to build out high speed 4G mobile broadband networks. Market research group Gartner sees global sales of network equipment to carriers rising 6 per cent to $85.4 billion this year, up from 3 per cent last year. Asia, excluding Japan, should grow 7 per cent, and Europe and North America 6 per cent.Specialist telecoms forecaster Dell'Oro is less bullish but still expects 3 per cent growth, compared with 2 ...

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First Published: Tue, January 21 2014. 00:30 IST
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