The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.

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Worldwide telecom industry to grow in 2005: Insight Research
The growth of revenues in the global telecommunications industry is expected to grow at a compound annual rate of 5.9% from 2005 to 2010, according to a new market analysis report from Insight Research. The report notes that the level of sustainable growth enjoyed by the telecom segment prior to the technology bubble of the late 1990s. The report, The 2005 Telecom Industry Review: An Anthology of Market Facts and Forecasts, predicts that worldwide telecommunications industry services revenue will grow from $1.1 trillion in 2005 to $1.5 trillion in 2010. The study also noted that the growth will be uneven, with North America showing the lowest and Asia-Pacific the highest rate of revenue growth.

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Two of TELUS Corp.’s top executives are leaving the company: Chris Carty, executive VP of corporate strategy, has left the company, and an email to TELUS employees indicates that Mark Schnarr, executive VP of corporate development, will be leaving. The email also stated that the responsibilities of the two executives will be taken over by a team led by CFO Robert McFarlane.

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Bell, Wesley Clover establish advanced solutions centre
Bell Canada and a number of Wesley Clover companies held by Terry Matthews announced February 14 that they had created an advanced solutions innovation center to collaboratively develop vertical industry advanced communications solutions for the small and medium-sized business, large enterprise and government markets. The new facility is located in Kanata ON. "By leveraging our respective markets, as well as technology expertise and leadership, Bell and Wesley Clover companies will be able to quickly bring to market end-to-end solutions that allow Canadian businesses and government to increase their efficiency and competitiveness," said Bell Canada president of small and medium business Karen Sheriff. "This latest initiative will also enhance Bell’s ability, as the trusted technology advisor, to offer SMBs a unique opportunity to participate in the development of advanced solutions that will meet their needs." The Bell Innovation Centre (Advanced Solutions) will allow for customer demonstration, accelerated prototyping, solution integration facilitating early customer involvement and feedback, testing and enhancement of security solutions, hosted applications, and communications over IP.

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