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Hoover's is Beta Testing our Industries section.
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The US telecommunications industry comprises about 2,000 companies with combined annual revenue of $65 billion. Major US companies include Cisco, Lucent, 3Com, and Motorola. Large foreign competitors in the US market include Nortel, Nokia, NEC, Alcatel, and Siemens. The industry is highly concentrated: the 50 largest companies hold 75 percent of the market.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Satellite & Broadcast Network Equipment industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 334220 | Radio & TV broadcasting & wireless communications equipment mfg | 1,041 | $32,181,272 | $5,412,636 | 100,659 |
| 334290 | Other communications equipment mfg | 500 | $5,531,217 | $1,149,698 | 25,589 |
| 334511 | Search, detection, navigation, & guidance instrument mfg | 652 | $32,304,642 | $9,185,483 | 143,550 |
| All NAICS Sectors | 2,193 | $70,017,131 | $15,747,817 | 269,798 |
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