Wireless telecommunication services are based on some companies who are busy in operating andmaintain switching and transmission facilities to provide telecommunications services. The United Statesconsists of 16000 companies who provide wireless telecommunication services and record their revenue about $220 billion. Butwhen we talk about globally revenue of wireless telecommunication services then it is record as $1.2 trillion annually.Rapid growth rate in wireless telecommunication industry indicates that in 2017 it revenue increase by 5.3 percent to $2.7 trillion approximately. China, India, the US, and Indonesia are said to be a top countries in term of wireless subscribers. AT&T, Verizon, Sprint, T-Mobile USA, America Movil, China Mobile, Deutsche Telekom, NTT DocoMo, Orange, Cablevision stock and Vodafone Group all are wireless telecommunication service provider companies. United Stateswireless telecommunication industries contain almost 1600 companies with total revenue about $220 billion. These all companies operate and maintain switching and transmission facilities. There are some factors that affects the industries badly i.e. government regulations, unlimited subscribers, average revenue per user. The key drivers of telecommunication industries are 3G, 4G and mobile brand services which force industry to achieve more goals. Verizon Communications Inc - (VZ) is player in the industry of telecommunication. It’s American largest 4G LTE network. They provide communication, information and entertainment services. It operates almost 150 + countries.Theirwireless technology speed is almost 10 times faster than the 3G. In the first quarter, the company reported $3 billion in free cash flows and made $2.4 billion in dividend payments. According to bidnessetc.com Verizon telecommunication is investor’s favorite Telecommunication Company they love to invest on it because it is world largest 4g LITE network. In last quarter VZ added 2 million more subscribers. Their biggest competitors in the industry are AT&T Inc. (T) and Vodafone. AT&T Inc. (T) is also said to be player in telecommunication industry. Bidnessetc.com said that AT&T recently decided to launch 4G LITE for airlines and passengers in commercial, business and general sectors. It is united sates world largest company with 190 million subscribers with Average Revenue per User of $102.18 at the end of 2013.there is almost every day war held between VZ and AT&T. AT&T has the largest share of the wireless subscriber market with 190 million to Verizon’s 98 million subscribers. However, Verizon leads in the postpaid wireless segment with 93 million subscribers.
Vodafone is world third largest British multinational telecommunication company. It operates in almost 21 countries. According to bidnessetc.com Vodafone decide to acquire Spanish cable operator GrupoCorporative Ono SA. After this acquisition it is expected to cost 7.2 billion Euros. Vodafone had before acquired Germany's Mannesmann in a deal worth over $180 billion and also acquired Germany’s largest cable operator, Kabel Deutschland Holding AG last year for $10.5 billion. China mobile limited also is said to be a world largest telecommunication company in terms of large number of subscribers. As per report it has 775.6 million subscribers. The company recorded its revenue about nearly $26.2 billion, or 58.5% of total sales.
Recently china mobile limited and Apple Company signed a deal to distribute I phones to china customers. I-phone makers try to maintain position of I phone among china because of competition in the china market.
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