Things Will Get Worse Before They Get Better

A new survey of 39 senior telecom executives concludes that wireless infrastracture spending will be down 11% in 2002 from 2001. Things should pick up by 2003 when we can expect a 2% bump over 2002. If I recall, it’s the senior telecom executives who killed the telecom sector in the first place with their unrealistic growth projections. So let’s just add a year or two to their prediction and cut it in half.

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