Telecommunications Industry
Insights from D&B Hoovers

Industry Overview

Description

Companies in this industry operate or provide access to facilities for voice, data, text, sound, and video transmission through wired, wireless, or satellite networks. Major companies include US-based AT&T, Comcast, and Verizon Communications, as well as China Mobile, Deutsche Telekom (Germany), Nippon Telegraph and Telephone (Japan), Telefónica (Spain), and Vodafone (the UK).

Competitive Landscape

Telecommunications services providers operate in a highly competitive market that includes wireless companies, traditional telephone companies, cable companies, internet service providers, and software and application providers. Market saturation has led to a slowdown in wireless subscriber growth in certain developed regions, driving major carriers to lower their prices to compete. Because voice services may increasingly be considered a commodity, providers may attempt to compete by offering superior customer service or heavily investing in marketing.

Products, Operations & Technology

Major source of revenue are wireline services (about 50% of industry revenue) and wireless services (about 45% of industry revenue). Other services include satellite telecommunications.

Geographic Segmentation

See where the Telecommunications Services industry is concentrated geographically and research companies by financials and key corporate data.

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