Telecom revenues for voice services in Western Europe to decline 3% a year

IDC estimates that European fixed-voice market will decline from $108 bln in 2003 to $95 bln by 2008, which represents a compound annual growth rate (CAGR) of -3%.

IDC estimates that European fixed-voice market will decline from $108 bln in 2003 to $95 bln by 2008, which represents a compound annual growth rate (CAGR) of -3%. This means a loss of $13 bln over the next five years