Executive Search Firm News - Telecommunications Reaching Home

Telecommunications reaching every home, business

Telecommunications executives know one thing others many not realize – the telecommunications industry is a behemoth, touching the lives of every person, business, and executive in the United States.

From the standard household phone to wireless communications, telecommunications executives hold stead over a growing field of influence.

The Federal Communications Commission recently released its report on the telecommunications industry, noting that telecommunication industry revenues topped $1.055 billion in 2004.

Other findings of note include:

• 94 percent – 107.5 million – of all households have telephone service
• 112.2 million residences and small businesses have ILEC access lines
• 19.8 million residences and small businesses have CLEC access lines
• 37.9 million advanced service liens have over 200 kbps in at least one direction
• 26.4 million advanced service lines have over 200 kbps in both directions
• 35.3 million residences and small businesses have high-speed lines
• There are 552 high speed providers
• There are 107.5 million ADSL lines
• 94 percent of lines are coaxial cable linesThere are 112.2 million mobile wireless telephone subscribers
• Average monthly wireless minutes used is 19.8 million minutes
  • Average annual household telecom expenditures topped $552 million in 2003, including LECs, long distance and wireless. The telephone industry employs more than 21.4 million people

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