BrokerBank Securities Examines the Wireless Telecommunications Market: Vonage Holdings and Blackberry
NEW YORK, Jan. 24, 2014 /PRNewswire/ -- The global wireless telecommunication service market has grown significantly over the past five years. This rapidly growing market is expected to continue growth at a slower rate in the future, but is still expected to continue to exhibit positive growth. Globally wireless telecommunication market had total revenues of $977.6 billion in 2012, representing a compound annual growth rate (CAGR) of 5.3% between 2008 and 2012.
The number of consumers has increased to reach a total of 4,865 million subscribers in 2012. That number is expected to rise to 5,864.3 million subscribers by the end of 2017, representing a CAGR of 3.8% for the 2012-2017 period.
The Asia-Pacific market has grown to account for 39.1% of the global wireless telecommunication service market value and is expected to continue this growth. By 2017, the global wireless market is forecast to have a volume of 5,864.3 million subscribers, exhibiting an increase of 20.5% over 2012.
Vonage Holdings Corp (NYSE: VG) provides communications services that connect individuals through cloud-connected devices worldwide. It provides home telephone replacement services to residential, small office, and home office customers through various service plans with a range of basic features, including call waiting, caller ID with name, call forwarding, and voicemail. Vonage Holdings has capitalized on this trending market and became the first to market to ethnic segments in the U.S.
An absolutely free and comprehensive analyst report which entails key features of the industry background, operating history, value drivers of the business, analyst summary can be viewed in its entirety with price target and analyst recommendation by using this link: http://bit.ly/AnalystReportVG copy and paste to browser may be required
BlackBerry (NASDAQ: BBRY) Limited engages in the design, manufacture, and marketing of wireless solutions worldwide. It provides platforms and solutions for access to email, voice, instant messaging, short message service, Internet and Intranet-based applications, and browsing through the development of integrated hardware, software, and services. Blackberry has a large portfolio of products and was 20th in 2013 with 1,343 patents approved.
A free and comprehensive analyst report highlighting Blackberry's portfolio of products, key features of the industry background, operating history, analyst summary can be viewed in its entirety with price target and analyst recommendation by using this link: http://bit.ly/AnalystReportBBRY copy and paste to browser may be required
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