While global trends forecast a 5.7% annual revenue growth in consumer telecom network services over the next five years, recent trends in the Middle Eastern telecom market suggest future growth at more than double this rate. According to a new report from research firm In-Stat, the Middle East and Africa region is currently experiencing the highest growth rates within a consumer telecommunication network, which is set to reach $2 trillion in global revenues by 2012. Recent years have seen profound developments and tremendous growth in the telecommunications sector in the region. After all, information and communications technology is one of the single most influential forces in society today. It is no surprise then, that with consistently growing numbers of subscribers and mobile penetration rates, especially in the GCC, markets are approaching saturation and operators are seeking new platforms for telecom evolution. It all started with the expansion and modernization of
