Seminar - An Overview of Communications Technologies
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Module 1 - An Overview of the Communications Industry Slide 22 of 26 _________________ __________ Canadian Telecom Revenues ($ millions)
http://www.crtc.gc.ca _________________ __________ Communications service and equipment providers are coming out of the slump. The communications companies have shed the baggage they accumulated in the late 90s at a very high price. The telephone, cable and wireless industry is showing moderate profits. For the first time in the last 2 years, Nortel has shown a profit in 1st Q of 2003. The new strategies are working. Canadian and U.S. communications companies are showing a profit. The long distance revenues for voice are going down. The loss of Long Distance revenues is being replaced by the Internet, Wireless and other data services. The carriers' capital spending has impacted the communications equipment manufacturers. Companies like Nortel have shifted their focus to Enterprise network and wireless network products.
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