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Mexican Telecom Spending to Increase 9.7% This Year, Reports La Jornada

6:10 am on August 31, 2007 | Category: Business, Telecom Services

Mexican businesses and consumers will spend US$38.2 billion on telecommunications equipment, services, and accessories this year, up 9.7% from 2006, according to one of Mexico City’s leading daily newspapers, La Jornada.

Telecom services, including local and long distance phone lines, wireless airtime, and broadband and dialup internet services will account for $25.8 billion, or 67.5% of this year’s spending, La Jornada reported, citing a recent study by the consultancy, Select.

Telecom equipment, meanwhile, is expected to generate sales of $7 billion this year, followed by IT services with $3 billion.

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