Wireless
telecommunication industry operates broadly in the communication industry.
These companies specialize in the provision of wireless services for connecting
people locally and globally. The industry is emerging around most of the world
and has transformed the overall style of living in the last two decades.
Therefore, the industry is facing quite a good growth recently.
Annualized
total wireless service revenues amounted to 159.9 billion in 2010 with the
number of wireless connections constantly increasing. As the world is now
becoming a global village and people are increasingly depending on these
wireless telecommunication services that keep them connected to others on the
go, the prospect for the growth in this industry seem quite high in the coming
future. The analysis show that demand is quite high not only because of calling
services but also of the innovative emerging technologies like hybrid cell
phones Wi-Fi and services like 3G and 4G. The supply side is of factor of
production is also good as over the recent years governments have provided
funds for research and development while the supply of skilled labor and
technical engineers is increasing worldwide. However, industry requires
creativity, flexibility and agility as the competition is quite high and the
market in the US is moving towards saturation. Major companies include
AT&T, Verizon Corp. and T-mobile etc.
Verizon Communications Inc. is
a US holding company that deals in various businesses. One of the most integral
is the provision of wireless telecommunication services. Verizon last traded
its stocks at USD 49.07 with an increase of 1.11. The intraday high was at 49.3
while the intraday low was at 48.54. The fluctuation over the 52 week period
was from 45.08 – 53.56 showing stability. The price earnings ratio was 10.97
and the earnings per share were 4.47 USD with a market capacity of 203.21
billion. If you want more up to date analysis on the financial information of
wireless telecommunication industry Visit one of the best website Bidnessetc.com
Moreover,
another big company in the industry is AT&T which is US based providing
telecommunication services. AT&T last traded its stocks at USD 36.74 with
an increase of 0.22. The fluctuation over the day ranged from 36.51 – 36.79
while the fluctuation over the 52 week period were from 31.72 – 37.62 USD. At
the same time the price earnings ratio was at 10.71 and earnings per share were
at 3.43 with the current market capacity at 190.8 billion.
Furthermore,
T-mobile US Inc. has been proved as a good competitor to Verizon and AT&T
in US. T-mobile last traded its stocks at 33.09 with a decrease of 0.17. Te
intraday high was recorded as 33.77 while the intraday low was at 32.84. Te
yearly fluctuation was from 19.13 – 34.10. The market capacity was 26.71
billion and earnings per share amounted to a negative 0.34 USD. If you want
more up to date analysis on the financial information of wireless
telecommunication industry Visit one of the best website Bidnessetc.com
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