Telecommunications

Telecommunications Industry

Telecommunications Industry Solutions

With the rise of high-speed internet and phone connectivity, telecommunications companies have their hands full building new structures, as well as servicing and upgrading old ones, to support demand. A key element in maintaining and building these structures is having the right construction equipment available.

Partnering with BigRentz to outsource your rentals is a smart solution for telecom companies like yours because our nationwide coverage enables us to fulfill your rental request anywhere in the country. We often are able to source hard-to-find pieces of equipment and rent them for long projects. For example, if you need a carry deck crane to service a cell tower or a scissor lift to run some cables in a commercial building, you can place your order with us and we’ll do the rest. We find the equipment, communicate with the supplier, and ensure delivery and pickup.

Telecommunications Industry
Telecommunications Industry

Rent Equipment for Your Next Telecommunications Project

Telecommunications Industry Segments

The telecommunications industry, often shortened to “telecom industry”, is the industry made up of companies that facilitate global communication through phone technologies, the internet, or both. These companies are behind the infrastructure that lets us send data anywhere in the world.

The telecom industry is made up of several different segments:

  • Wireless communications: Focused on communication without wires. This segment involves mobile, satellite, infrared, Bluetooth, and wireless network communication. The growth in mobile device use has made this the telecom industry’s fastest-growing segment.
  • Communications equipment: Manufacturing products that use communications infrastructure, including local area networks (LANs), wide area networks (WANs), fixed-line and mobile telephones, including smartphones, routers, switchboards, and exchanges.
  • Processing systems and products: Focused on processing the data we transmit anywhere in the world and products that facilitate this.
  • Long-distance carriers: Telephone companies that connect local exchanges located in different geographic areas. Also called interexchange carriers.
  • Domestic telecom service providers: Businesses focused on providing telecom services (mobile communications, broadband, fixed-line telephone, and data communications) for a consumer in the U.S.
  • Foreign telecom service providers: Businesses focused on providing telecom services in foreign markets.
  • Diversified communication service providers: A segment made up of alternative carriers, such as integrated telecommunication services and other telecommunication companies that don’t belong to other segments.

Telecommunications Sector Trends, Industry Growth, and 5G

The local telecommunications industry struggled a little in 2017, as the telecom service provider segment lost 0.73 percent of its revenue. While the telecom equipment manufacturer segment gained 12.09 percent, this was below the S&P 500 benchmark of 16.91 percent gains. Increased competition led to a decrease in consumer spending, despite customers using more data. Investments in 5G and fiber optic build-out have also reduced profits.

The telecommunications industry continues to grow and evolve. With telecommunications companies lowering their prices to remain competitive, businesses in the industry are looking for other investment opportunities and cross-industry partnerships to boost their revenue.

The imminent introduction of new mobile technology platform 5G is one of the most significant and anticipated developments for the telecommunications industry. The fifth-generation platform promises greater speed, greater responsiveness, and the ability to connect more devices to the network simultaneously.

The 5G platform will be the backbone of several other cutting-edge technologies, including self-driving vehicles, mobile media, and the Internet of Things (IoT). While its roll-out will take several years, the platform’s foundations will be built in 2018. AT&T has promised 5G mobile in 2018, and Verizon says the technology will be in the homes of its American customers by the year’s end.

The IoT should be a key driver for future telecommunications services growth. Self-driving vehicles are one of the most successful applications of the technology, but we can expect to see more innovative uses as telecommunication businesses explore the technology’s potential in the home and business markets. Augmented and virtual reality are two more key technologies likely to play a larger role in the business development of telecommunication companies.

More telecom carriers are also likely to diversify their business practices and enter the media space through partnerships, business mergers and acquisitions, and other professional arrangements.

What Telecommunications Equipment Installers and Repairers Do

Telecommunications equipment installers and repairers, sometimes called telecom technicians, are some of the most important workers in the telecommunications industry. They set up and maintain the equipment that carries communication signals, such as high-speed internet routers and telephones lines. While tasks vary depending on the worker’s specialization and employer, some of the most common activities telecommunications equipment installers and repairers perform include:

  • Installing communications equipment in new and existing homes, offices, and other buildings. In some cases, this may involve digging holes for power poles, putting them in place with cranes, using trenchers and excavators to dig trenches for underground wires and cables, and laying the wires and cables.
  • Inspecting communications equipment, wiring, and phone jacks, performing maintenance tasks, and repairing or replacing items as required.
  • Testing new, updated, and repaired communications equipment to make sure they function correctly.
  • Adjusting or calibrating communications equipment to improve performance.
  • Demonstrating and explaining how to use communications equipment to customers and other workers.
  • Recording maintenance, repair, and installation procedures as well as hours, parts used, and costs if working off-site.

Telecommunications equipment installers and repairers typically work full-time hours. These hours may involve evening, overnight, holiday, and weekend hours, depending on the employer. Some telecommunications equipment installers and repairers are on call to resolve emergencies at any time of the day or night.

Typical Services of a Telecom Company

Telecom companies and the services they provide vary significantly depending on which segment of the telecommunications industry they belong to. However, some of the services business and individual consumers may expect from telecom companies include:

  • Construction solutions: These services include building new communications networks or expanding existing networks through the installation of telephone poles, cables, and wires.
  • Engineering services: These services may be widespread, from communications site design and inspection to outside plant (OSP) and internet service provider (ISP) network engineering.
  • Structure analysis: This service involves the assessment of telecommunications equipment, networks, and other communications systems and structures.
  • Audit services: This service involves an audit or assessment of a company’s total telecommunication spend. Telecommunication companies that provide this service will often recover overpayments caused by billing errors and implement wireline and wireless optimization solutions to reduce further spending.
  • Testing: This service tests telecommunication equipment and networks to ensure they’re functioning accurately and efficiently.
  • Inspection: This service involves inspecting telecommunication equipment and networks to ensure they are not damaged, faulty, or in need of repair. When problems are detected, telecommunication companies that offer this service will advise their clients whether repairs or replacements are needed and, in some cases, perform these jobs.

BigRentz has partnered with several telecommunication companies for their construction equipment needs. Explore our website to learn more about these partnerships and what BigRentz can do for your telecommunications company.

×
Enter jobsite location to see local rates:
Use Current Location
Processing...