Wired Telecommunications Carriers in the US
The Wired Telecommunications Carriers industry faced significant challenges during the past five years, with external competitors such as the Wireless Telecommunications Carriers industry siphoning its revenue. With fewer subscribers to spread out fixed costs, carriers have been struggling to maintain their economies of scale, and industry profit has suffered. In the five years to 2021, major telecommunications players are expected to continue focusing on and expanding more in-demand services, such as high-speed internet. However, industry revenue is anticipated to continue to decline, as demand for voice services continues to fall, with a greater percentage of households using wireless phones only.
This industry provides local and long distance voice communication services using the public switched telephone network. Industry operators also generate revenue by providing internet access and video services and by wholesaling access to their networks for a variety of purposes. This industry excludes operators that solely resell telecommunications services (IBISWorld report 51791a).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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