Wireless Telecommunications Services Enters Into Major League!

The commencement of the 4rth quarter of 2014 brings with itself the hope of clinching the 100 billion USD mark in the mobile data services industry alone. The telecommunications industry in its entirety stands up to 195.4 billion USD which makes it, undoubtedly, one of the major league’s industries. The industry has been one of the key beneficiaries of the technological revolution this era has witnessed. The journey from the telecommunications technology’s initiation in US to its mounting success in the last decade has not always been a success story for US telecommunications industry. It had almost lost its competitiveness to Japanese and European telecommunications industries which produced a dramatic revelation of cheap mobile phones in the lives of middle-class consumers. But with the confluence of iPhone, broadband networks and the robust 3^rd generation and 4rth generation (4G) technology, the ecosystem tilted in the favor of US telecommunications industry.

The performance of the industry has been par excellence majorly due to the indeterminable and unshakable faith in its customers. The mobile phone network providers in US have spent 94 USD on every customer while the rest of the world has only spent a meager amount of 16 USD per customer.The key players in the industry are Verizon, AT&T, Sprint Nextel , T-Mobile and Cable Vision. The recent merger of Verizon communications and Vodafone in Americas region has led to a sudden surge in the customer baser of Verizon as compared to its competitors. However, AT&T has not given up on the chase and is the only mobile network provider who has been in neck-to-neck completion with the Verizon communications. The other two have been more or less the same in terms of the number of subscribers in the past few years. They have followed a somewhat steady trend in terms of the customer base.

The wireless telecommunications services – NEC comprises of a total of 32 companies from different parts of the world. In the middle of the first quarter, the index faced a severe loss of points and recorded a loss of 12.25% in the points from start of the quarter. However, upon approaching the end of the quarter the index has gained some points and posted a positive sign on the global telecommunication industry scenario. AT&T is one firm that has been the reason behind the regaining of few points after sharp decline in February 2014. AT&T is on the verge of striking a mega deal with the giant Direct T.V resulting in AT&T’s powerful grip over the wireless telecommunications industry. AT&T’s stocks are one of the only stocks of the top firms whose share prices have rallied in the first quarter of 2014 while its counterpart Verizon Inc. has somewhat encountered bumpy ride this quarter same as cvc stock. With the biggies investing heavily on cutting-edge technologies, the industry is for sure on the brink of mounting huge successes. For a more detailed industry analysis through comparisons of stock market happenings, do check out the website Bidnessetc.com.