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Capital spending peaked in 2001, but likely to deflate this year: IDC report

News | 02/26/2002 5:00 am EST

The decline in the telecom world is starkly portrayed in a recently-released report on capital expenditures. While capex spending in 2001 was slightly higher than the year before, the two firms that sat atop the Canadian spending list in 2000 will be responsible for the greatest reductions in projected spending for 2002.

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