Wireless Telecommunications Services Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 11/21/2016
SIC Codes: 4812
NAICS Codes: 51721
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Wireless Telecommunications Services Industry Profile

Companies in this industry operate and maintain switching and transmission facilities to provide telecommunications services via the airwaves. Major companies include AT&T, Verizon, Sprint, and T-Mobile USA (all based in the US), as well as América Móvil (Mexico), China Mobile, Deutsche Telekom (Germany), Orange (France), Telefónica (Spain), and Vodafone Group (UK).

Global wireless services revenue is more than $1 trillion, according to GSMA Intelligence. Top countries by number of wireless subscriptions include China, India, US, Indonesia, and Brazil, according to the International Telecommunication Union (ITU). Growth in mobile subscriptions is expected to come mainly from emerging markets.

The US wireless telecommunications services industry includes about 10,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $260 billion.

The industry includes companies that operate wireless telecommunications networks and related facilities. Companies that resell wireless telecommunications services are covered in a separate industry profile.

COMPETITIVE LANDSCAPE

Demand for wireless services is driven by consumer income and innovative service offerings. The profitability of individual companies depends on marketing and customer service. Large companies have advantages in marketing and in delivering a comprehensive array of services nationally. Small companies can compete effectively by delivering economically attractive service packages tailored to niche groups regionally. The US industry is highly concentrated: the four largest companies generate about 90% of industry revenue.

The proliferation of smartphones and tablets has to a large extent driven industry ...

 
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