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Article: EASTERN MANAGEMENT GROUP: Sales of business telephone systems continue to surge.
- Article from:
- M2 Presswire
- Article date:
- April 5, 1999
CopyrightCOPYRIGHT 1999 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-5 April 1999-EASTERN MANAGEMENT GROUP: Sales of business telephone systems continue to surge (C)1994-99 M2 COMMUNICATIONS LTD
RDATE:010499
BEDMINSTER, NJ -- Sales of business telephone systems continued their rally in 1998 racking up their strongest performance in history, by a wide margin. These products, otherwise known as PBXs and Key/Hybrid systems, are the telecommunications workhorse of the office.
1998 U.S. sales grew to 15 million lines, representing a 9% increase over 1997. Analysis of year over year growth indicates that Total New Lines increased 8.4% and Add-On Lines increased by 11.2%. This is as reported in the newly ...