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Hoover's Directories > Industry Overviews > Wired Telecommunications Services

Wired Telecommunications Services

  • Overview
  • Risks & Opportunities
  • Call Prep Questions

Industry Description

The US wired telecommunications services industry includes about 2,000 companies with combined annual revenue of about $160 billion. Major companies include AT&T, Verizon Communications, Comcast, and CenturyLink. The industry is highly concentrated: the 50 largest companies generate more than 90 percent of revenue.

SIC: 4813
NAICS: 517110
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Top 5 Companies

CompanySalesLocation
BT Group plc32,783.84MLondon, United Kingdom
Telstra Corporation Limited26,809.59MMelbourne, Australia
China Unicom (Hong Kong) Limited25,900.26MHong Kong
Belgacom SA8,682.71MBrussels, Belgium
Türk Telekomünikasyon A.S.6,978.14MAnkara, Turkey
Bullet - Yellow Arrow Box There are 4,058 companies in this industry. To view all of them, register now.

Industry Indicator

US corporate profits, an indicator of corporate demand for telecommunication services, rose 7.9 percent in the third quarter of 2011 compared to the same period in 2010.
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Quarterly Industry Update

FCC Investigates Rural Connection Problems - A growing trend of rural “call completion” problems has garnered FCC scrutiny. Rural phone providers have reported an increase in customer complaints that long-distance calls...
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