Revenue Growth is mainly driven by the organic growth in the region and the migration to VPN services. While a few of the Tier-1 carriers have reported growth in Private Line and to a smaller extent ATM services, overall for the industry, the decline in the legacy services is estimated to be in the range of -3 to -6 percent year-over-year up to 2010. Beyond that the year-over-year decline is expected in double digit growth rates. The IP-VPN services are expected to primarily drive the market. IP-VPN/MPLS service is estimated to have the highest CAGR of 16.9 percent among all the services.
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