Survey Reveals Importance of Telecommunications in Tulsa Economy - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Survey Reveals Importance of Telecommunications in Tulsa Economy

Updated:
Information services and telecommunications nationwide earned an estimated $368.1 billion in 1998, and analysts expect revenues to grow at an annual rate of 10 per cent for the foreseeable future.

Tulsa's transition to the information age has been facilitated by the area's state-of-the-art electronic infrastructure and favorable business climate. A digital, fiber-optic linked telephone network, together with a strong labor force and low cost of living, have proven to be seductive lures for telemarketing services, data processing centers, information retrieval services and other concerns that require cutting-edge capabilities.

With the help of students from Oral Roberts University, the Tulsa Chamber of Commerce has completed a survey that underscores the growing importance of telecommunications in the local economy. Sixty-five companies representing a wide range of information services were contacted. They employ a total of 22,298 people and offer average annual salaries excluding benefits, ranging from $14,000 to $43,500. The average annual salary - $30,728 - is well above Tulsa's average of $28,319.

The bottom line is a payroll in excess of $685 million, and it should go higher in the near future. Companies that participated in the survey report that approximately 2,150 positions remained unfilled.

"Clearly, telecommunications and information technology have a major impact on our economy," concluded Mike Davidsson, the Chamber's Manager of Economic Research. "We fully expect to meet or exceed the 10 per cent annual growth that is forecast by industry analysts," he said.


Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.