Wednesday, June 4, 2003
AT&T Chief Executive David Dorman said business spending on information technology will decline again this year, and the market rebound prospect is still unclear.
The IT spending on computers, networking equipment and other information technology (IT) will drop by about a percentage point in 2003 compared with 2002, Dorman said after his keynote speech at Supercomm 2003 held in Atlanta this week. W hen asked when the slowdown will end, Dorman said it will be "two years before the set of industry dynamics will play out."
Dorman's predictions appeared to be more negative than several market forecasts earlier this year. In a study released in April, market researcher IDC said IT spending will increase in 2003 by 1.5 percent. In March, research firm Forrester Research offered a rather upbeat prediction, with an increase of 1.9 percent.
AT&T also announced that it will set up wireless "hot spots," or public places with wireless access. Dorman expects that AT&T will have about 500 locations by 2005, mainly airport executive lounges and hotels, where AT&T customers can use Wi-Fi networks to surf the Web or link to a computer network.
By: DocMemory
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