Market Size Falling For Wired Telecom Carriers As Per TBRC?s Latest Report
Posted by sainath on August 28th, 2018
Wired telecommunications carriers provide local and long-distance voice calling, sound and video transmission, cable TV and internet services over fixed-line networks. Companies in the wired telecommunications industry may own and maintain networks, share a network or lease a network from other companies.
The global wired telecom carriers market has shown a negative growth in the past years with a CAGR of negative 2%. The year 2013 recorded highest ever growth in this market with a net value of above USD 350 billion.
TBRC’s latest report show historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows that the wired telecom carrier market will grow at a higher CAGR till 2021 as compared to 2017, along with geographies best suited for investments with the highest return rate.
The wired telecommunications carrier industry is a capital intensive market as it involves setting up fixed lines, mobile and broadband network for last mile connectivity. Also, constant evolution and emergence of new technologies requiring fixed assets have strained the budgets of wired telecom service providers.
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Countries included in the report are AT&T, Comcast Corporation, China Telecom, BT Group, and Verizon Communications.
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Joined: June 13th, 2018
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