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

Industry Analysis of Telecom Industry - Essay Example accord to the US radio receiver Communication Association, 3.6 million jobs are 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 order generated about US$ 75.11 jillion in 2005 in net revenue, with revenue net per share of 27.155. The company quarterly growth is sizeable and increased by 5.8 percent in 2005 as it increased its gross profit by 49.64 percent. The full cash flow was $22 billion further detail can be seen in the mesa below.Verizon business model focuses on creating value and driving earning and growth. It has proved itself by generating invariable 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 clear of providing Verizons advanced FiOS data and video services.An AT &T Wirless service was the third largest wireless telephone carrier wave 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 create recently in 2005 by SBC Communications.The company net revenue for year 2005 reached $43.86 billion, with revenue per share 13.023 , plot of land the quarterly growth in 2005 remained 26 percent. The company total gross profit reached $24.67 billion. The total in operation(p) cash remained at $12.66 billion further detail can be seen in the table below. reference Yahoo Finance Business ModelIn 1907, AT&T president Theodore Vail did not substantiate it a secret, but made it goal to attain the status of monopolist, which he named as one(a) Policy, One System, and Universal Service. At the time AT&T started to purchase competitors and retained its monopoly till 1970, but the arise 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 mobile 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 large st mobile phone service provider. T-mobile is present in octonary 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