How
will the current economic/political turmoil impact
telecom consulting?
Isabelle Paradis
November 2011
According
to the information released by HOT TELECOM in the
6th edition of its “Global Telecom Consulting
Market report 2011”, the economic downturn caught
up with the industry in 2009 when the sector’s
revenue decreased by as much as 9.1%. Nevertheless,
the recovery started to be felt in most regions in
the second half of 2010, with emerging markets in
Latin America, Asia and MEA returning to growth.
We
expect telecom consulting revenue to have increased
by 3.2% in 2011 and the return to 2008 pre-recession
levels in terms of revenue is not expected before
2012, when the world’s telecom consulting revenue
is forecasted to grow by 5.4%. Even so, at that time,
Western Europe will still lag behind and will not
have recuperated its recession loss, with telecom
consulting revenue still below 2008 levels.
