Telco Services Market to Bounce Back
After declining in recent years, look for a CAGR of 2.2 percent between 2016 and 2021, driving the market to a value of $1.3 trillion by 2021.
After declining in recent years, look for a CAGR of 2.2 percent between 2016 and 2021, driving the market to a value of $1.3 trillion by 2021.
CenturyLink’s business segment revenues were $2.55 billion in the fourth quarter, down 4.1 percent from the year ago quarter, primarily due to a decline in legacy revenues, which was partially offset by 3 percent growth in high-bandwidth data revenues.
Vonage’s business unit continues to grow as a reliable revenue source for the telecommunications company.
Growing at a compound annual growth rate (CAGR) of 30.8 percent, revenues are forecasted to reach € 3.05 billion in 2021.
Second-quarter profit was $196 million, compared to $143 million in the year ago quarter, exceeding analysts’ expectations.
Business segment revenues were $2.6 billion in the first quarter, a 3.4 percent decrease from the same quarter in 2015.
Core network services revenue in the first quarter totaled $1.6 billion in North America and $1.94 billion globally, compared to $1.53 billion and $1.9 billion for the year ago quarter.
Windstream is increasingly focusing on its enterprise unit and enterprise partners.
Business segment revenues were $2.66 billion, a decrease of 1.6 percent from fourth quarter 2014.
IDC says vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by 23.0% year over year to $7.6 billion in the third quarter of 2015.
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