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, Comcast, Verizon Communications, and Time Warner Cable; 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 1.1 billion fixed telephone lines and more than 790 million fixed broadband Internet subscriptions, according to the International Telecommunication Union. China has the most fixed lines (249 million), followed by the US (129 million), Japan (63 million), and Germany (47 million).
The US wired telecommunications services industry includes more than 3,100 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $315 billion.
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% of revenue.
Products, Operations & Technology
Major services are local and long-distance calling, TV distribution, and Internet access services. Cable and other TV programming distribution and broadband Internet access together for about half of industry revenue. SHOW LESS READ MORE >
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