Western European telecom market to grow 3.7% in 2004, 3.8% in 2005

For the telecommunications industry in Western Europe, EITO analysts expect the rates of growth for 2004 and 2005, of 3.7% and 3.8% respectively. The market will reach a volume of EUR 318 bln in 2004 and increase in 2005 to EUR 330 bln. While Scandinavia is among the market leaders this year as well as next year (with growth of 4.0 and 4.3% respectively), France, with 3.5% growth in 2005, will fall behind the Benelux countries (4.3%).