The Telecom industry includes companies that provide telephone, cable and satellite television and internet broadband services. AT&T is the largest player in the market. Its chief competitor is Verizo...
n Communications which has a higher number of postpaid subscribers standing at 93 million versus 70 million for AT&T. AT&T though holds the upper hand in total wireless subscribers which are 10m more than that of Verizon. Two major trends can be seen in the Telecom industry. There is increasing usage of mobile data due to rising use of smartphones and tablets. Another trend is that more and more people are now using their smartphones to make calls. This has resulted in Wireline revenue decreasing as MoU’s on landlines have declined.
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