Asian giants top telecoms growth

Telecoms operators in China and India are growing faster than international rivals such as AT&T, Verizon, NTT, Deutsche Telekom, Vodafone and BT, according to new research.. Capital expenditure on new infrastructure and revenue are growing faster in the world's two most populous nations than anywhere else. "Both countries are still posting double-digit revenue growth in their native currencies which, converted into US dollars, creates a big spike in worldwide carrier revenue as well." Infonetics' capex analysis indicates that the market is in the fourth year of an investment phase, and may reach a plateau this year in North America and Europe. Large service providers' capital intensity (the ratio of capex to revenue) in these regions is likely to be as low as 12 per cent, according to the report. Worldwide telecoms service... [read full story]