Wired Telecommunications Carriers in the UK Industry Market Research Report Now Updated by IBISWorld

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IBISWorld Market Research

Digital technology may spell disaster or stimulate innovation

London, United Kingdom (PRWEB) June 19, 2012

The Wired Telecommunications Carriers industry is suffering from a change in consumer communication preferences. The need to communicate remains an integral part of the everyday lives of households, businesses and government offices. However, the ways in which people communicate are changing, with a preference towards mobile and digital technologies at the expense of traditional wired telecommunications services. According to IBISWorld industry analyst Craig Shulman, “in addition to increased substitution threats, technological innovation has facilitated the introduction of new substitute services that are absorbing existing revenue streams of wired telecommunication companies (telcos)”. Voice over internet protocol (VoIP) is superseding traditional wired voice, and naked DSL allows internet subscribers to avoid fixed access line rental fees.
In 2012-13, industry revenue is forecast to decline by 8.5% to £20.8 billion. This will be consistent with the industry's performance over the past five years, with revenue expected to decline at an annualised 8.2%. The collapse in industry revenue has placed greater pressure on profit margins, which has resulted in a large increase in consolidation in the industry. The number of enterprises operating in the industry is expected to fall at an annualised 9.8% over the five years through 2012-13. The industry's decline will continue over the next five years, as all voice services will eventually migrate across to internet protocol. Shulman adds, “the decline in the major revenue stream means that major telcos will have to change their traditional business models if they wish to avoid becoming dumb pipe providers”.
The Wired Telecommunications Carriers industry has a high level of market share concentration with the top four industry participants accounting for more than 70% of industry revenue in 2012-13. Major companies include BT, Virgin Media, TalkTalk and Cable and Wireless.
For more information on the Wired Telecommunications Carriers industry, including latest industry trends, statistics, analysis and market share information, purchase the full report from IBISWorld, the nation’s largest publisher of industry research.

IBISWorld industry Report Key Topics

Industry participants operate, maintain and provide access to facilities for the transmission of voice, data, text, sound and video using a wired telecommunications infrastructure. The industry also includes participants that purchase access and network capacity from infrastructure owners and provide wired telecommunications services to businesses and households using this capacity.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on many UK industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in London, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.co.uk or call (020) 3008 6568.

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