Industry Analysis of Telecom Industry Essay Example | Topics and Well Written Essays - 1000 words

Industry Analysis of Telecom Industry - Essay ExampleAccording to the US Wireless Communication Association, 3.6 million jobs be directly or indirectly dependent on the US wireless telecommunications industry.Verizon Wireless owns and operates majority of US wireless network. It is a joint venture of Verizon communications and Vodafone headquartered in NJ, Verizon. Verizon wireless deals in wireless voice and data services. Verizon has built the nations first wide-area wireless broadband network and it also delivered the nations first wireless consumer 3G-multimedia service. It has a broad consumer base. The beau monde generated about US$ 75.11 billion in 2005 in net revenue, with revenue net per share of 27.155. The company quarterly growth is reasoned and increased by 5.8 percent in 2005 as it increased its gross profit by 49.64 percent. The total cash flow was $22 billion merely detail can be seen in the tcapable below.Verizon business model focuses on creating value and drivi ng earning and growth. It has proved itself by generating still margin, solid returns and stable financial performance. The company has extensive connections in the business and government sector and relies on them to generate revenue. The company has targeted costs of $890 million in 2006 to install a fiber optic network, which will be capable of providing Verizons advanced FiOS data and video services.An AT &T Wirless service was the third largest wireless telephone toter US. In October 2004, AT&T wireless completed its merger with Cingular to become the largest wireless carrier in the United States. Under the agreement, only the Cingular brand would survive. On November 16, 2004, every single AT&T Wireless store was re-christened under the Cingular banner. It is now renamed as AT&T Inc. The company is based in San Antonio, Texas and organise recently in 2005 by SBC Communications.The company net revenue for year 2005 reached $43.86 billion, with revenue per share 13.023, while the quarterly growth in 2005 remained 26 percent. The company total gross profit reached $24.67 billion. The total operating cash remained at $12.66 billion further detail can be seen in the table below. origin Yahoo Finance Business ModelIn 1907, AT&T president Theodore Vail did not keep it a secret, but made it goal to pee the status of monopolist, which he named as One Policy, One System, and Universal Service. At the time AT&T started to purchase competitors and retained its monopoly till 1970, but the intensify of cheap microwave communications opened opportunity for other competitors. However its monopoly was broken and it was bought over by rivals Verizon, currently it is surviving through mergers.III) T-MobileT-Mobile is group of brisk phone corporate subsidiaries (under the ownership of Deutsche Telekom), which operates major GMS networks in Europe and US. T-Mobile has about 109 million subscribers, which makes it the worlds 3rd largest mobile phone service provider. T- mobile is present in eight European countries (Austria, Croatia, Czech Republic, Germany, Hungary, Great Britain, Netherlands, Slovakia) and USA.T-Mobile USA is the fourth-largest wireless carrier in the U.S. market with 21.7 million customers. In 2004, T-Mobile was able to generate revenue of $9366 million and able to grow at the rate of 12 percent a year. Further detail can