The modern world is built on communications. From our smartphones to wireless internet access, telecommunications are the backbone of all business today. A telecommunications franchise plays a vital role in this equation, something that will excite and motivate the right entrepreneur who wants a rewarding and evolving business to run. It is essential that you research exactly what kind of telecommunications business you want to be a part of from the beginning.
Did You Know?
By 2020, revenues of U.S. telecommunications resellers are projected to reach about $21.743 billion.
SOURCE: SOURCE: Statista; US Census Bureau
The annual compound growth rate of telecommunications revenue from 2016-2021 is expected to be 1.4%.
SOURCE: SOURCE: Statista
794.7 thousand people are employed in the U.S. telecommunications industry.
SOURCE: SOURCE: Statista
In 2021, wireless data traffic per active smartphone in the U.S. will be the at 22 GB per month.
SOURCE: SOURCE: Statista
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