Wireless & Telecom (1362)

The wireless telecommunications services industry is linked to the ubiquitous mobile phone, and increasingly other modern connected devices. Growth in mobile subscriptions is expected to come mainly from India, China, Pakistan, Indonesia, and Bangladesh, as well as Sub-Saharan Africa and Latin America, as much of the developed world is experiencing market saturation. Large and relatively young populations, fast GDP growth, and limited fixed line infrastructure Industry growth are driving the industry growth. Competition has grown fierce as wireless telecommunications service providers fight to attract subscribers from other carriers to sustain revenue growth. The proliferation of smartphones and tablets largely drove revenue and R&D growth until now. Through pricing, network performance, customer service, and diversity of offerings, such as mobile, broadband, and TV services, companies can differentiate their services. Voice calls, text messaging, and internet access are some major services. Voice telephony traditionally dominated wireless network traffic.

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