CTS 2012: Wireless industry contributes $43B to Canadian economy in 2010

OTTAWA - Canada’s wireless industry generated $43 billion for the Canadian economy in 2010, according to a new report released Monday by the Canadian Wireless Telecommunications Association (CWTA). Conducted by UK-based Ovum Consulting, The Benefit to the Canadian Economy from the Wireless Telecommunications Industries: An Economic Impact Assessment, quantifies the economic impact of Canada’s wireless sector in terms of gross domestic product (GDP), investment and employment. It determined that the wireless communications services industry directly contributed $18 billion to Canada’s GDP and provided an additional $15.66 billion of economic flow through to contributing suppliers in the supply chain. The sector also generated what’s...