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Capital expenditures to continue steep decline this year, according to IDC Canada

News | 02/18/2003 5:00 am EST

Canada’s telecommunications capital expenditures continues to be mired in a funk as carriers, both wireless and wireline, have slashed capex budgets for a third consecutive year. According to a new study from IDC Canada, the capital spending outlook for telecom operators will remain bleak throughout 2003, reaffirming its assertion that capex budgets have yet to hit bottom.

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