USA - Equipment Suppliers - Statistics & Analysis

Synopsis

Archive report: this report was archived in September 2005 and has not been updated. As a result of an economic slowdown beginning in 2000 and proceeding into 2003, many telecommunication service providers throughout the world cut back capital expenditure and discretionary spending budgets. These cut backs contributed to a major decrease in revenues and profitability for equipment suppliers and, as a result, companies were restructured with significant divestments, huge sums were written off, much work was outsourced and shareholder values plummeted. Also, hundreds of thousands of employees were terminated although it can be assumed that some of these employees were reemployed by the outsourcing companies. By the start of 2004, most equipment suppliers started to see a levelling out of the market.