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Dallas’ AT&T Inc. and Verizon Communications Inc. say they might spend a total of $35.5 billion on capital projects in 2011, a drop from the companies’ combined spending of nearly $36.8 billion in 2010. Even so, competition among voice, video and data carriers to build out the latest high-speed technologies is expected to translate into a relatively strong year for the North Texas region’s plethora of telecom equipment vendors, including Richardson-based Fujitsu Network Communications Inc. and Plano’s Ericsson Inc., whose corporate parent is based in Sweden. |
Quality control at Richardson-based Fujitsu Network Communications Inc. |
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Although capital expenditures are still being disclosed via earnings releases, North American spending last year by telecom, cable and mobile carriers on physical assests, notably their networks, eclipsed the $72.5 billion projected by Dana Cooperson at Ovum Inc., a market research firm.
That $72.5 billion projection was a 4.7 percent increase from 2009. Dallas Business Journal – by Jeff Bounds |
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City Of Richardson Announces Crescent Systems Expansion In The IQ®
Longtime Richardson company grows operations across two Richardson Innovation Quarter locations, reinforcing district’s tech-based economy. (Richardson, Texas) – The City of Richardson is pleased to announce Crescent Systems, Inc., a longtime...