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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: foundation who wrote (30812)1/7/2003 8:02:34 AM
From: foundation  Read Replies (1) of 197250
 
Telecom epicenter shifts to Asia-Pacific

Marc van Impe
Nordic Wireless Watch -
January 7, 2003 at 08:21 GMT

According to a report by ITU, the effects of the 2001 global economic slowdown have been milder in the Asia-Pacific region. A ranking of the ten most profitable public telecommunication operators shows that seven of them originate in Asia. And a strong economic growth, coupled with greater consumer spending power, saw a positive growth in telecommunication services in the Asia-Pacific region.

ITU Asia-Pacific Telecommunication Indicators, released by ITU to coincide with ITU Telecom Asia 2002, held in Hong Kong last December, reports that as a global player the Asia-Pacific region distinguishes itself not only in size of its telecoms market and growth in teledensity, but also in technology deployment, and the innovative and flexible nature of its policy models.

In 2001, the region emerged as the world's largest telecommunication market, having added more than one new phone user every second for the last decade.

While Japan and Korea continue to lead the world in commercial deployment of 3G networks, small countries like Bhutan and Tonga have also leapfrogged to leading-edge technologies.

The report also observes that South Asia, currently the least developed subregion, with a teledensity of 4 in 2001, could provide the next great spurt of growth for the region as this is where the potential for "catch-up" is greatest.

nordicwirelesswatch.com
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