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About the Telecommunications Industry

The global telecommunications industry is a huge and rapidly growing market. From traditional fixed line telecommunications, through to the latest broadband wireless services, the telecommunications industry is at the forefront of the information technology world. It is estimated that global spending on telecommunications will reach nearly $5 trillion in 2013.It is also estimated that the top twelve countries spend nearly half of all telecoms spending.

The global telecommunications industry is constantly evolving with certain sectors of the telecoms economy growing in spite of the global financial downturn. Smart phones, for example show strong demand in all countries. The number of users of the Internet increases due to better access to fixed and mobile broadband services. The advent of social networking sites has proven a key driver of Internet access.

The number of users of a mobile phone continues to grow, principally due to the massive growth potential in China and India. Other countries where the take up of mobile phone services is very low will also see an surge in demand due to better access to cheap 2G networks. The total number of mobile subscribers in 1999 stood at 500 million. In 2011 there are approximately five billion mobile subscribers. It is worth comparing this to fixed lines around the world, which number 1.1 billion. Key segments in the global telecommunications market include fixed telecoms, satellite services, broadband, FttH, FTTx , VoIP , mobile, mobile handsets and mobile broadband.

In addition, there are many carriers in growing emerging markets. Voice over Internet Protocol (VoIP) is growing in use and China is now the largest user of VoIP. According to industry analysts, approximately 7 trillion text messages were sent in 2011.

The largest telecommunications operators in the world are AT&T, NTT and Verizon. The top five telecommunications companies of AT&T, NTT, Verizon, Deutsche Telekom and Telefonica remain unchanged. The top 100 operators together generated revenues
of €1.19 trillion in the most recent financial year, almost €100 billion more than in last year's report. The top 10 operators accounted for more than €600 billion of the total. Net income for the top 100 came in at over €128 billion, €77 billion of which was attributable to the top 10.

Leading Companies in the Global Telecommunications Market, 2011 (€mn)