Telecom equipment sales to grow in western Europe

April 1, 1998

Telecom equipment sales to grow in western Europe

The total market for telecommunications equipment in western Europe is projected to increase an average of 7.8% each year through 2002, according to a new report issued by the Business Communications Co. Inc. of Norwalk, CT. The study, RG-148AR, Non-U.S. Worldwide Telecommunications Market: Western Europe, predicts that the total market for telecommunications equipment in western Europe was valued at $64.7 billion in 1997 and will reach $94.4 billion in 2002.

The report states that the existence of modernized networks is allowing operators to expand the services they offer and says that businesses are investing in the equipment with a view toward increasing productivity in what are relatively high-wage countries. Also, with the liberalization of telecommunications services markets, the number of new service providers making investments in equipment will continue to grow between 1997 and 2002.

According to the report, equipment sales in Spain are predicted to show the most growth between 1997 and 2002, climbing from $5.6 billion in 1997 to $8.6 billion in 2002, with an average annual growth rate (aagr) of 8.9%. France, with an estimated aagr in sales of 7%, is expected to show the smallest percentage increase in equipment sales.

Germany`s sales are expected to increase at a rate of 8.7% per year, from $16.6 billion in 1997 to $25.2 billion in 2002. Forecasts show that out of the countries surveyed, Germany has the largest market share in total sales. In other findings, telecommunications equipment sales were expected to climb an average of 7.8% per year in Italy; 7.1% each in the United Kingdom and Scandinavia; and 8.2% for the Benelux countries.

The report is available from Business Communications Co. Inc., 25 Van Zant Street, Norwalk, CT, 06855 for $2000. For more information, call (203) 853-4266; fax (203) 853-0348; or e-mail rrandyw.aol.com. u

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