Top 10 Wireless Solutions Companies
The overall makeup of the Top 10 Wireless Solutions Companies listing remained relatively static in 2009, as nine companies appearing in 2008 returned this year. The Wireless Solutions leaders combined to generate $12.56 billion in 2009, up 45 per cent from $8.64 billion in 2008. This significant year-over-year increase is directly attributed to RIM’s rapid 84 per cent expansion in 2009, as the nine remaining companies experienced a combined seven per cent decline in revenues, with only three of the firms producing positive growth this year. Outside of RIM, two other firms appearing on the Top 10 Wireless Solutions Companies listing experienced notable growth in 2009. Ninth ranked Mitec Telecom, the lone newcomer to the Top 10 this year, generated 12 per cent growth in 2009, boosting revenues from $36.18 million in 2008 to $40.35 million in 2009. The passive radio frequency products and solution provider’s year-over-year increase is attributed to strong growth in its telecom segment as well as increasing demand for its products, mainly in developing countries.
In its second year on the Top 10 listing, DragonWave increased sales by seven per cent to $43.33 million to climb two positions this year.
PDF version (1MB)
