Essay on Wireless Telecommunication Industry Analysis

Submitted By Gerardo-de la Cruz
Words: 1818
Pages: 8

Vitality of Wireless Telecommunication Industry
Data Analysis, Significant Factors, & Prognosis of Industry

Gerardo de la Cruz

The University of Kansas
Management 498
John Pepper

Table of Contents

Gross Domestic Product……….…………………………………………………. Page 1
Data from 2004 – 2014............…………………………………………….. Page 1
Importance to the Industry………………………………………………... Page 1
Industry Data Compared to U.S. Economic Data………………………... Page 2
Service Subscriptions……………………………………………………………...Page 2
Data from 2004 – 2014……………………………………………………. Page 2
Importance to the Industry ……..………………………………………… Page 3
Unemployment Rate ………………………………………………………….….. Page 3
Data from 2004 – 2014……………………………………………………. Page 3
Importance to Industry …………………………………………………… Page 3
Industry Data Compared to U.S. Economic Data………………………... Page 4
Significant Industry Forces ……………………………………………………... Page 4
Significant Macro Forces ………………………………………………………... Page 4
Strategic Group …………………………………………………………………... Page 5
Industry Prognosis ……………………………………………………………….. Page 5
Appendices ..………………………………………………………………………. Page 6
Works Cited ……………………………………………………………….. Page 6 Appendix I ………………………………………………………………… Page 7 Appendix II ……………………………………………………………….. Page 7 Appendix III ………………………………………………………………. Page 8 Appendix IV ………………………………………………………………. Page 8 Appendix V ………………………………………………………………... Page 9
Readability Statistics …………………………………………………….... Page 9

This paper consists of an analysis of three indicators and their effect on the wireless telecommunication industry. As a student in The School of Business at The University of Kansas, I have collected information through extensive research on the three indicators. The three indicators researched are Gross Domestic Product, Service Subscriptions, and the Unemployment Rate. Data from the previous ten years were evaluated to show the indicator’s effect on the industry. This data was then compared to the United States economy as a whole. The industry forces, macro forces, and strategic groups are also identified and evaluated. Through this data, a prognosis of the industry was predicted. The purpose of this paper is to understand the effect these indicators have on previous and future growth of the wireless telecommunication Industry.

Gross Domestic Product

Data from 2004-2014 In the United States, the GDP is reported by the U.S. Bureau of Economic Analysis. Gross Domestic Product is the measure of goods and services produced across the country. Over the past 10 years of the wireless telecommunication industry, the value added to GDP fluctuated steadily. There was a slight dip in the value added to GDP after the economic recession in 2008. The value added did go back up after 2010 and seems similar to the area between 2004 and 2008. The graph below (Appendix I) indicates the value added in GDP over the past decade (6).

Importance to the Industry Gross Domestic Product represents the dollar value of everything that is produced in the United States. It is important to the vitality of the wireless telecommunication industry because without this product or service, this industry would not be able to sell and make revenue. Through this revenue of services the economy and the industry will continue to grow. Economic production has an impact on the service providers that compete in this industry. The more service providers there are, the more items and services are produced to sell. More sales of services means there are revenues being made, which makes the industry better off.

Industry Data Compared to U.S. Economic Data The graph below (Appendix II) shows the comparison between the value added of the industry and the total GDP of the United States Economy (4). When compared on the graph, the wireless telecommunication industry seems to make no impact on total GDP. The reason for this is the fact that there are many other industries that make up for the rest of the U.S. GDP. When looked at alone one can…