Wired Telecommunications Carriers in the UK Industry Market Research Report now updated by IBISWorld

The Wired Telecommunications Carriers industry is suffering from a change in consumer communication preferences. The ways in which people communicate are changing, with a preference towards mobile and digital technologies at the expense of traditional wired telecommunications services. Technological research has facilitated the introduction of new substitute services that are absorbing existing revenue streams of wired telecommunication companies. Voice over internet protocol 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 industry's decline will continue over the at once five years, as all voice services will in the end migrate across to internet protocol. 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. For these reasons, industry technology firm IBISWorld has updated its report on the Wired Telecommunications Carriers industry.London, United Kingdom June 19, 2012

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 at once five years, as all voice services will in the end 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.

The Wired Telecommunications Carriers industry

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 innovation.

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 as well includes participants that purchase access and network capacity from infrastructure owners and provide wired telecommunications services to businesses and households using this capacity.