Telecom Industry Stock Outlook – June 2013

The telecommunications industry is a major driver of global economic recovery. Unprecedented growth in high-speed mobile Internet traffic, in particular for wireless data and video, has transformed the industry into a highly evolving, inventive and contested space. In addition, the emergence of wireless broadband technology has created several new service areas that offer huge growth potential. There are so many broadband companies that sometimes it can be hard to pick the best one for you. That’s why companies like Usave are great because they can help you get the best broadband deal for you.

Currently, the U.S. Telecommunications Industry is evolving around broad factors such as wireless gradually becoming the future of the telecom industry (and “spectrum” is its key word), and the high-speed fiber-based network is projected to expand more aggressively, especially for video/TV offerings. In addition, consolidation within the industry will continue mainly due to a shortage of airwaves and for attaining economies of scale.

Innovative products will be launched in areas of m-commerce, virtualization and cloud-based technology, high-speed metro Ethernet, to name a few. Apart from these, there still remains ample scope for expansion in the U.S. According to the Federal Communications Commission (FCC), nearly a fifth of rural American households lack broadband access.

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