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Capital spending for telecoms looking better for Canada than U.S. — IDC report

News | 01/15/2001 5:00 am EST

Wall Street’s prediction of a slowdown in telecom spending south of the border may not have an immediate impact on Canadian companies, according to a new report released by IDC Canada. Making a similar forecast for the Canadian market is premature, says IDC analyst Lawrence Surtees, although he warns that raising new financing is proving difficult, particularly for newer companies.

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