March 2003
By Henry S. Kenyon

The telecommunications industry will see minimal growth this year in the wake of several large corporate bankruptcies and massive network overcapacity. Major issues such as mismanagement must be addressed to regain the trust of shareholders and government oversight agencies, analysts say. Sales of hardware will lag behind services as disillusionment settles in about the industry's performance. But a silver lining remains-the continuing growth of services such as broadband and wireless messaging.