Utility Spending on Telecom Could Reach at Least $3.2 Billion in 2011, UTC Study Finds

US utilities could spend at least $3.2 billion on telecommunications equipment and services this year, according to a study released by the Utilities Telecom Council (UTC). This level of communications spending represents a 21% increase over the estimated $2.64 billion utilities spent in 2009 and at least a 3% rise over the $3.1 billion spent in 2010. Wireless communications is the major growth area for utility telecommunications. Spending on wireless communications as a proportion of overall telecom spending could double over the next five years, growing from 28% of telecom spending in 2011 to half (50%) of all telecom spending in 2016, according to the research. The report presents detailed data on a variety of telecom spending categories and presents utility ratings of the top vendors. Order your copy of the report today to get ahead of the curve and stay ahead of your competition.