Telecom Sector report Research Paper Example | Topics and Well Written Essays - 3000 words

Telecom Sector report - Research Paper Example persistent security challenges, robust growth in connectivity demand and continued innovation in services and devices that are utilized in the communication industry. Continued innovation and emergence of new technology has been of essence to the industry as the industry approaches maximum penetration into the United States market. It will be a challenge for the telecom industry to repeat the high performance that were registered in the past ten years as mergers yield higher concentration and consolidation of the players. The management of the telecom industry has hopes that the new technology and innovation will continue to create new opportunities as well as growth of the industry. The industry has recorded $ 750 billion of revenue across all segments. The revenue is expected to grow by +3.9% every year to reach almost 1.2 trillion dollars in total revenue (Huemann, 2014). As the number of the telecom segments continues to grow and penetrate into the market, growth over the next 10 years is more likely to slow as to nearly half of the growth that was registered in the last ten years even though the revenue is expected to increase by over $ 40 billion. The United States telecommunication industry encompasses advanced technology based services that includes the internet, wireless communication, satellites and fiber optics in addition to the traditional areas of local and long distance telephone services. The sector is also linked with entertainment of various types. Cable TV systems for example Comcast are offering high speed internet access and local telephone services. This paper will provide returns of the telecom industry; provide financial analysis, present tables and graphs showing the valuation multipliers, provide a description of telecom sector and discuss the social and economic factors that impact on the performance of the industry. Innovation, ingenuity, reasonable approach to spending and cost control will help propel the industry to the next level