Telecom spending plunged when the bubble burst but is showing signs of a rebound.

FORBES: Magazine Article

In both cases, we had a bubble peak and a period of panic selling followed by a rapid rebound.

FORBES: Echoes Of The Great Depression

That was rebound growth from the late 90s crisis years, coupled with steadily rising oil prices in the bubble years between 2000 and 2007.

FORBES: Russia's Turn To Grow Slow