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Telecommunications

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Telecommunications

World Industry Outlook; April 2013

EIU,

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An insatiable appetite for data will drive a 39% jump in global telecoms investments through 2017.

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Recommendation

The telecommunications sector is one bright spot in a still-troubled world economy. Firms are investing heavily in infrastructure to meet future demand. But the Economist Intelligence Unit’s forecasts and in-depth analysis paint a far more complex picture – one framed by rapid technological advances, uncertain revenue sources, China’s communications revolution and competition from interlopers such as cable companies and Google. getAbstract commends this work as a valuable arsenal of information for industry professionals and investors who need to be forearmed in a rapidly changing field.

Summary

Fixed, mobile and web infrastructure investment will rise by 39% through 2017, driven by rapid innovation and burgeoning demand. While the need for traditional fixed lines will continue to fall over this period, demand for data space will increase. Global mobile subscriptions will grow to 6.8 billion in 2017, at an annual increase of 5.4%. Broadband subscriptions will surge at a yearly rate of 8.6% to reach close to one billion by 2017. Big global operators are moving ahead: AT&T, China Mobile (the world’s biggest telecom by subscribers) and Deutsche Telekom...

About the Author

The Economist Intelligence Unit is an independent research and analysis unit of the Economist Group.


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