This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Researcher: Wireless To Continue Taking Wireline Revenues
Wireless will continue to take business away from wireline services, forcing telecom operators to find other sources of revenue, an industry analyst says.
Confirming financial results posted recently by large telecom operators, a study released Monday says that wireless service will continue to take a divot out of the revenues received by large telecom operators for wireline services.
"Consumer wireline voice services have been especially hard hit due to the growth of wireless voice services and increased competition among wireline service providers," Daryl Schoolar, an analyst for market research firm In-Stat, said in a statement. He added that enterprise spending for wireline voice service also will decline, largely because of adoption of voice-over-IP.
Verizon Communications said last week that its revenues from wireline phone service is down while posting significant revenue -- and profit -- increases from Verizon Wireless. Those results match those posted by other large telecom vendors.
Schoolar noted that the telecoms should turn to other services in addition to wireless to offset the loss of revenue. Such services could include voice-over-IP, managed security services and television delivered over broadband, he said.
We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
State of the CloudCloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Data Science and AI in the Fast LaneThis IT Trend Report will help you gain insight into how quickly and dramatically data science is influencing how enterprises are managed and where they will derive business success. Read the report today!