Corporate spending on mobile calls on the rise - report

Business spending on wireless telecom services accounted for nearly one-third of the corporate bill for telecom services in 2005, a Wireless News report said.

 

The report, citing a survey from Insight Research, said that by the end of 2005, total business spending in the US alone on telecom services reached just over $132 billion.

 

By 2010, business spending had been forecast to grow to nearly $150 billion, the report said.

The report said the business sectors that spent the most on wireless telecom services in 2005 included healthcare, financial, insurance, real estate, and transportation.

 

The study analyzed 14 vertical industries categorized by the Standard Industrial Classification system, and focused on corporate spending for wireline and wireless telecom services in each of the 14 industries, the report said.