Global capex spend on telecom declined by almost 6% in 2009 and mayhit a bottom in 2010. The service providers in the advanced markets, hit by drop in consumer spending, have cut down or postponed their decisions on networks and equipment.

In effect, there is a conscious effort by all the stakeholders in the telecom supply chain to be extremely cautious about their cost structure and the need for extracting more value out of every investment made. Source

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