Wireline telecom revenue to decline 1.6% a year
The $221 billion US wireline telecommunications industry is mired in a digital revolution. During this period of transition, wireline telecom revenue will decline at a compound annual growth rate of 1.6% from 2003 to 2008. Top-line revenue decline will be tempered by growth in data revenue; however, the promised surge in data revenue has proved elusive so far. IDC believes future revenue growth will be driven by demand for more innovative data applications and greater integration of wireline with wireless services.