Forecast: Telecoms, pay-TV services spending to reach $1.5trn

Worldwide spending on telecommunications and pay-TV services is forecast to reach $1.5 trillion (€1.3trn) in 2021, representing an increase of 1.0 per cent over 2020, according to the Worldwide Semiannual Telecom Services Tracker from market intelligence firm International Data Corporation (IDC).

Source: Forecast: Telecoms, pay-TV services spending to reach $1.5trn