The size of the Asian telecommunications market will pass the US$300 billion mark this year but revenue growth will remain slow, regional telecoms consultant Paul Budde predicts. Telecoms revenues grew 5 per cent last year after expanding 15 per cent in 1996. Mr Budde forecast 5 per cent or slightly less this year. Mr Budde's definition of Asia encompasses India, Pakistan and Japan but excludes Australia and New Zealand. Australian-based Mr Budde said he had lowered his growth figures only slightly because of Asian economic turmoil. Low prices because of competition were the main reason for continuing declining revenue growth. 'The underlying need for telecommunications is still there,' he said. He thought revenue growth could pick up next year.