Service providers shed long-term costs
01 November 2009 |
Since the dotcom crash of 2001 wiped $5 trillion off the value of Nasdaq-listed technology companies, communications service providers (CSPs) have spent $100 billion to shed their long-term costs.
Outsourcing various network, IT and business functions to third parties has offered businesses a key method to rework balance sheets. Yankee Group forecasts that annual expenditure on third-party services will double by 2013 and that communications service providers will spend an additional $145 billion during the next five years.
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