US telecom spending rose 4.7% in 2003

The Telecommunications Industry Association (TIA) reports that telecom spending in the US rose by 4.7% in 2003 to $720.

The Telecommunications Industry Association (TIA) reports that telecom spending in the US rose by 4.7% in 2003 to $720.5 billion. TIA specifically reports that telecom network spending totaled $14 billion last year, but should rise by 2.3% this year to $14.4 billion.