Telecommunications Services
Industry Description
The US telecommunications services industry includes about 11,000 companies with combined annual revenue of about $520 billion. Large companies include AT&T, Verizon Communications, and Comcast. The industry is highly concentrated: the 50 largest companies generate about 90 percent of revenue.
SIC: 3661, 3663, 3669, 4812, 4813, 4822, 4841, 4899, 7375, 7379, 7382, 7389 | NAICS: 237130, 454112, 511140, 515210, 517110, 51721, 517210, 517211, 517212, 517310, 517410, 517510, 517910, 517911, 517919, 518111, 518210, 519190, 541219, 541690, 56142, 561421, 561499, 561621, 811213
Related Industries:
Glass & Clay Product Manufacturing, Internet & Online Services Providers, Computer Hardware, Telecommunications EquipmentTop 5 Companies
| Company | Sales | Location |
| China Telecommunications Corporation | 46,848.83M | Beijing, China |
| Amper, S.A. | 40,929.32M | Madrid, Spain |
| Arna JSC | 29,061.22M | Almaty, Kazakhstan |
| TELSTRA SERVICES SOLUTIONS HOLDINGS LIMITED | 20,520.38M | Melbourne, Victoria |
| TELEFONICA DE ESPANA SA | 17,115.08M | Madrid, Madrid |
Trends
VoIP - While the traditional telephone system dedicates a single open...
Industry Indicator
US consumer spending on services, an indicator of telecom service sales, rose 1.9 percent in May 2010 compared to the same month in 2009.
Quarterly Industry Update
Prepaid Wireless Growth Increases - More wireless customers are choosing prepaid plans rather than contracts, benefiting smaller rivals to industry leaders Verizon and AT&T. Small wireless providers like MetroPCS Communications...