04.16.08

Hispanics and Other Ethnic Markets Will Spend $60 Billion on Telecommunications

Posted in Culture, Asia at 8:22 am by william_lee_intern

In 2008, US ethnic communities will spend $59.8 billion on telecommunications services, accounting for over one-third of all residential telecom expenditures, according to a new market research study from The Insight Research Corporation.The ability to tap into the increased spending power of the Hispanic-American, African-American, and Asian-American communities will be crucial to the survival of telecommunications providers over the next five years.

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