Wednesday, December 9, 2009

The need for change - Technology - ArabianBusiness.com

The need for change - Technology - ArabianBusiness.com



The ever-evolving telecom sector and the economic downturn has led to a rapidly changing landscape for vendors.

Sales are down, cost cutting is a priority and the reliance on new lines of business is only set to increase. That was the overriding message from almost all telecom infrastructure vendors in their third quarter results.

Despite the best attempts of politicians and business leaders around the world to talk up the possibility that the world’s economy is starting to recover, the effects of the economic crisis are still being felt in many industries, and certain sections of the telecom industry are no exception.

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