Business | Telecoms
Channel Sponsor
Telecoms sector worth $70b by 2015
The telecommunications and broadband internet sectors will generate $70 billion in annual revenue by 2015 in the Middle East and North Africa region, according to Madar Research reports.
- By Mohammad Ezz Al Deen, Staff Reporter
- Published: 00:00 April 24, 2007
Abu Dhabi: The telecommunications and broadband internet sectors will generate $70 billion in annual revenue by 2015 in the Middle East and North Africa region, according to Madar Research reports.
Its report also indicates that the Middle East tele-communications market is set to top $50 billion this year.
Fastest growing
The report shows that Arab countries' ranking in the annual ICT Index gained by 43 per cent in 2005 compared to the previous year.
Shaikh Sultan Bin Tahnoon Al Nahyan, chairman of the Abu Dhabi Tourism Authority (ADTA), who yesterday opened the Middle East Communication (Mecom) exhibition 2007, said: "The telecommunication sector in the UAE is one of the fastest growing markets, not only regionally, but also on the international level."
Share this article
More from Telecoms
More from Business
Popular in Business
-
Budget travel
Airlines in the region
Take a pictorial look at some of the budget airlines in GCC
Business Editor's choice
-
Experts seek solutions to global gloom
Suggestions formulated in Dubai will feature in next year's WEF
-
Qatar benefits from diversification
Doha's readiness to look beyond hydrocarbons as a growth engine bodes well
-
When the Web lives worldwide
Cutting-edge firms are building massive data facilities all over the globe
