Some much-needed good news for the bruised, battered and consolidating telecom market in the U.S. as the Telecommunications Industry Association expects the industry to grow 9.5% a year from 2004 to 2008. This would boost the size of the industry to $1.1-trillion.
So where's the growth coming from?
Apparently, VOIP will play a major role in the corporate and consumer sectors; as well as broadband Internet access and more service offerings by major ILECs. I wonder what impact the TIA's forecast will have on industry consolidation? Maybe it will accelerate the trend if things look more optimistic. And perhaps it will give investors another reason to invest other than betting on who's going to be bought next.