Sales of Telecom Equipment up 21 Percent
April 11, 2001 U.S. factory sales of telecommunications equipment reached 100.3 billion in 2000.
April 11, 2001 The Telecommunications Industry Association (TIA) released figures showing that year-end U.S. factory sales of telecommunications equipment reached 100.3 billion in 2000, up 20.9 percent over the same period in 1999. U.S. exports of telecommunications equipment at year-end totaled $27.9 billion, a 23 percent increase over the previous year. While telephonic apparatus and parts represents the larger market segment at $8.6 billion, the stronger growth continued to be exports in fiber optic cable, other cable and parts. The released data is consistent with the findings of the 2001 Multimedia Telecommunications Market Review and Forecast, which can be found at (www.tiaonline.org/pubs/mrf.cfm). According to the study, U.S. spending on telecom equipment continued its double-digit growth, recording a 13 percent increase in end-user spending over 1999.