Net Income of Telecom Services Firms Plunged in 2001 as Sales Retreated

Year Telecom Services
Net Income
(Million $)
Telecom Services
Sales Revenue
(Million $)
1994 18,473 213,399
1995 15,241 225,238
1996 17,728 242,040
1997 17,868 259,286
1998 20,921 288,695
1999 22,527 319,437
2000 24,904 346,141
2001F 5,008 325,374
2002F 8,198 338,325
2003F 20,048 368,378

F designates forecast figure.
Source: Economy.com