This report consists of the analysis and assessment of results from the survey conducted by ITU on the Next Generation Networks and its impact on ICT sector development and growth. It concluded that use of advanced network technologies can accelerate bridging of the digital divide, enabling developing countries to compete in global marketplace and provide better services to their people. It is evident that the next phase of networked communications will be based on NGN technologies operating on a converged platform supporting a wider range of services. NGN is therefore considered as a crucial tool for greater socio-economic development.