Asia's biggest growth is yet to come; Telecommunication epicentre shifting to Asia-Pacific region.

0 Comments | M2 Presswire, December, 2002

M2 PRESSWIRE-2 December 2002-ITU: Asia's biggest growth is yet to come; Telecommunication epicentre shifting to Asia-Pacific region(C)1994-2002 M2 COMMUNICATIONS LTD RDATE:12022002 Hong Kong -- Strong economic growth, coupled with greater consumer spending power, saw a positive growth in telecommunication services in the Asia-Pacific region, according to a new report by International Telecommunication Union.

The effects of the 2001 global economic slowdown have been milder in this part of the world and a ranking of the ten most profitable public telecommunication operators shows that seven originate in Asia. ITU Asia-Pacific Telecommunication Indicators, released by ITU to coincide with ITU TELECOM Asia 2002, reports that as a global player the...