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 Friday, June 26, 2009

Some of the world’s largest service providers have beaten the recession blues and out-performed overall market growth, either by being focused on high growth markets or by merger and acquisition activities. China Mobile, Vodafone and America Movil fit into the first camp while China Unicom, Vivendi, China Telecom and Verizon are in the latter. All of these companies reported Q1 2009 revenues that were at least 10% higher than their respective Q1 2008 turnover. In aggregate, the seven recorded 16% revenue growth in the latest quarter (when measured in their local currencies).

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Source: TeleGeography.