Wired Telecommunications Services
- ID: 1052611
- September 2015
- Region: United States
- 10 pages
- First Research
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide services such as local and long-distance calling, Internet access, and TV program distribution over fixed-line telecommunications networks. Major US companies include AT& T, CenturyLink, Comcast, and Verizon Communications; major international wireline carriers include BT Group (the UK), China Telecom, Nippon Telegraph and Telephone (Japan), and Telefónica (Spain).
The global wired telecommunications services industry comprises about 1.2 billion fixed telephone lines and more than 670 million fixed broadband Internet subscriptions, according to the International Telecommunication Union (ITU). China has the most fixed lines (267 million), followed by the US (135 million), Japan (64 million), and Germany (49 million).
The US wired telecommunications services industry includes more than 3,400 companies with combined annual revenue of about $330 billion.
Cable TV system operators are discussed in the Telecommunications Services industry profile. A separate profile covers Wireless Telecommunications Services.
Demand is driven by new services and growth in business activity. The profitability of individual companies depends on efficient operations and effective marketing. Large companies have economies of scale in building and maintaining networks. Smaller companies can compete effectively in small markets or by providing specialty services. The US industry is highly concentrated: the 50 largest companies generate more than 90 percent of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services are local and long-distance calling, TV distribution, and Internet access services. Local calling and TV program distribution each account for about 20 percent of industry revenue; long-distance calling and Internet access... SHOW LESS READ MORE >
Quarterly Industry Update
Call Preparation Questions
Web Links and Acronyms