The industry is built with a number of leading companies, like AT& T, British Telecom, Virgen, Frontier, X holdings and many more. The next section will deal with the US telecommunication industry and will provide some important statistics that relate to the industry in the United States. Also, this will be followed by a focus on the largest telecommunication company in the market, i.e. AT&T.
US Telecommunication Industry:
A report by the TIA highlights that the US telecom Industry has seen an intense growth of almost 7.2% for the period of 2008 – 2011 and the industry we expected to reach as much as $1.3 trillion in 2011. There has been a major acceleration in the growth of the US telecommunication industry and the industry has been studied to grow from 8.3% in 2007 to 9.3% in 2008 (IT Facts. 2008). Gartner researchers highlight that the communication industry has spent as much as $347.5 billion in the year 2008 on the IT systems which include the hardware, IT services, software and also the telecommunications. The report also states that the growth rate between 2006 and 2011 has accounted to almost 3.8% and the companies in the industry are trying to improve all the aspects of the company mostly focusing on the process management. Telecommunication Companies in US.
Datamonitor, 2009, ‘Global Fixed Line Telecoms’, November 2009, Accessed on 2nd April 2010, Retrieved from www.datamonitor.com
Economy Watch, 2010, ‘World Telecom Industry’, Accessed on 3rd April 2010, Retrieved from http://www.economywatch.com/world-industries/telecommunications/world-telecom-industry.html
IT Facts, 2008, ‘US telecom industry to grow at 7.2%’, 22nd February 2008, Accessed on 4th April 2010, Retrieved from http://www.itfacts.biz/us-telecom-industry-to-grow-at-72/9976
Telecommunications Market Data Tables, 2009, ‘Telecommunications market data tables Q1 2009’, September 2009
Please type your essay title, choose your document type, enter your email and we send you essay samples