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Ovum estimates wireless industry contributed $41.2 billion to Canadian economy in ’09

A new report by U.K.-based Ovum Consulting reveals that Canada's wireless industry contributed $41.2 billion to the Canadian economy in 2009.


June 1, 2011  


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A new report by U.K.-based Ovum Consulting reveals that Canada’s wireless industry contributed $41.2 billion to the Canadian economy in 2009.

Commissioned by the Canadian Wireless Telecommunications Association (CWTA), the study determined 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, defined as “the additional benefit or satisfaction that consumers receive from wireless services, above and beyond what they pay for the services.”

Ovum also examined the investments made by the wireless industry. In 2009, the industry invested $2.95 billion in capital expenditures.