Metric: Fixed-mobile convergence to reach $80B by 2009

According to a new study from Pyramid Research, revenue for fixed-mobile convergence (FMC) services will reach $80 billion by 2009, representing 6 percent of all global telecom spending. The report predicts that FMC revenue growth will be driven by wireless/landline network convergence, telecom industry consolidation, and strong adoption of VoIP. Consumers of both landline and wireless services will continue to pay less for services as convergence pushes the price of services down through bundling and increased competition.

For more on the growth of FMC:
- go to this press release