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Converged solutions aiding telecoms growth
 
The global telecommunications market is set to be worth $2 trillion (£1.12 billion) in 2008, according to new research.

According to analyst Gartner, this year's revenue is on track to increase 7.6 per cent on 2007, with converged solutions being tipped to offset the decline in the fixed voice sector.

Will Hahn, principal research analyst at Gartner, commented: "Growth in legacy markets is ebbing fast, and the only way to maintain it will be via the scope to offer converged solutions, to provide service in nontraditional sectors and to enter and win in emerging markets."

The research also suggests the ratio of mobile communications to fixed will pass four-to-one by 2012, with revenues for the mobile sector hitting $1 trillion by 2010.

However, Mr Hahn predicted this market will peak in 2012 as the next growth area becomes data network solutions.

The University of Glamorgan is currently hosting an international conference to examine the future of the telecoms industry, with a focus on the growth of the mobile communications and computing sector.

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