Pacific Epoch report -- "China added 5.33 million new broadband Internet users from January to May 2005, according to statistics released by Ministry of Information Industry (MII) on Tuesday. At the end of May, China had 30.18 million broadband Internet users. From January to May, revenues from China's telecommunications industry totaled 232.81 billion Yuan, up 10.9 percent year on year. China gained 44.78 million telephone users from January to May to reach 692 million total users. The number of fixed line users increased by 21 million to reach 330 million users and the number of mobile phone users increased by 23.73 million to reach 360 million users. From January to May, 114.78 billion SMS messages were sent in China, up 36.9 percent from the same period in 2004."
Gartner's latest worldwide IT spending forecast exposes a trend every CIO has already felt in budget negotiations. Total spending will climb 14.2 percent in 2026, reaching $6.37 trillion. It seems that the IT infrastructure market is simply having a strong year. However, the more useful insight is how unevenly that growth is distributed. The Headline Number vs. The Real Story Data center systems and infrastructure as a service (IaaS) are absorbing capital at a pace several multiples faster than devices, communications services, and traditional IT services. This is not incremental growth spread across a healthy portfolio. It is a wholesale reallocation of enterprise technology budgets toward AI infrastructure, made on the expectation that demand for AI workloads will justify the outlay before that demand has been fully proven. Where the Money is Going Data center systems are forecast to grow 62.5 percent in 2026, that's up from 51.6 percent growth in 2025, reaching $822 billion....