Voice continues to be the key driver in OECD telecommunication markets which have now attained revenues of USD 1 trillion. However, voice services, and the structure of telecommunications revenues, are evolving. Mobile services now make up 40% of all OECD-area telecommunications revenues, and mobile subscribers outnumber fixed subscribers by a ratio of 3 to 1. At the same time, technologies such as Voice over Internet Protocol (VoIP) are exerting strong downward pressure on prices for voice services. The impact of VoIP is apparent in prices for international fixed-line calls, which many VoIP operators now bundle into flat-rate subscription plans. As a result, the future of voice revenue streams is unclear.
The number of high-speed Internet connectyions is one of the main reasons why technologies such as VoIP have had such an impact on the market. Broadband is quickly becoming the dominant technology for Internet access throughout the OECD area; 60% of the area's 256 million Internet subscribers now have a broadband connection.
UPDATE: As noted I had the link to the document, when it should be to the bookshop. It wasn't my intention and the link is now corrected.
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