Cable / Telecom News

CTS 2011: Wireless industry contributes $41.2B to Canadian economy in 2009

OTTAWA - Canada’s wireless industry injected $41.2 billion into the Canadian economy in 2009, according to a new report commissioned by the Canadian Wireless Telecommunications Association (CWTA).The report, The Benefit of the Wireless Telecommunications Industry to the Canadian Economy, calculated that the wireless sector contributed more than $17.2 billion in terms of direct contribution to the GDP through the sale of goods and services; an additional $14.98 billion due to the economic flow through to contributing suppliers in the supply chain; and more than $9 billion in consumer surplus – the additional benefit or satisfaction that consumers receive from wireless...