Telecommunications Equipment Industry Overview

Companies that design, manufacture, market, and distribute equipment for long-distance, local, and corporate telecommunications networks.

Summary

The convergence of voice, data, and video services fuels the need for the continuing upgrade of telecommunications systems. As traditional wireline service providers have faced increasing competition from wireless and voice-over-Internet Protocol (VoIP) providers, they have broadened their own offerings.

Full Telecommunications Equipment Industry Description

Multi-Media Network Consolidation

The migration to a consolidated public telephone system that supports voice, data, and video is underway. Most believe that the protocol used will be the Multi-Protocol Label Switching (MLPS) system that supports IP, ATM, and other protocols. Transition will require converting all the class 5 and 4 switches, and will eventually require optic fiber to the home, necessary upgrades for phone companies to compete with cable carriers. Wireless carriers will compete using 3G networks and could have some advantages in suburban and rural areas.

Full Telecommunications Equipment Industry Trends

• Panasonic Mobile Communications Co., Ltd.
• Telephonics Corporation
• VTech Holdings Limited

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Telecommunications Equipment maps to a number of NAICS codes including:

Full Telecommunications Equipment Industry Codes

• Broadband Forum
  
• CDMA Development Group
  
• Cellular Telecommunications & Internet Association
  

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