IDC says inflation led to higher global telecom spending in 2024

The global telecom services market saw a modest increase in spending in 2024, driven by inflation caused by new tariffs, according to market intelligence firm International Data Corp. (IDC). Both households and businesses spent more on telecom services as price hikes made them allocate more of their budgets to essential communication needs. IDC reported that … Continue reading IDC says inflation led to higher global telecom spending in 2024