Wireless is telecom's growth weapon

OTTAWA – Canadian telecom company revenues climbed again in 2004, this time past the $34 billion mark, says Statistics Canada. In a report released today, the 4.1% growth in revenue was spearheaded by the wireless side of the Canadian telecom industry. As most know, the wireless segment has been sustaining the telecommunications industry's revenue since the beginning of the decade and 2004 was no exception. Thanks to Blackberries, cool ring tones, photo and data transmission and so on, revenues in the wireless segment jumped 17.5% to $9.5 billion in 2004, fuelled by a 12.7% gain in subscribers and a 3%...