Small and medium businesses in the United States will close the year by spending about $240 bln on beefing up their IT and telecom infrastructure and applications, up 16% over all of 2006, AMI Partners reports. 25% of that will be devoted to IT services such as consulting, software support, IT management, computing and network support. Another 25% will be spent on telecom services, including cell phone service, IP centrex, local and long-distance telephony, pager services and WAN.