本報告已在2011年07月19日停止出版。
Abstract
Report Synopsis
In this the 3rd annual survey conducted by BroadGroup, the findings comment on
the expectations of carriers for their wholesale businesses in the year ahead,
covering both voice and data.
The Wholesale Survey 2005 is based on research with selected international
wholesale carriers conducted in Europe, North America, Asia-Pacific and Latin
America. Collectively the carriers represent around 40% of all world voice
traffic estimated at 221.5 billion minutes, and 3.5 Terabits of sold capacity,
through over 500 Points of Presence around the globe.
Overall, Carriers confront an increasingly changing and challenging
environment.
The report found that in contrast to previous years, operators believe revenue
growth will now not occur outside the norm, which increases the focus on other
vehicles for growth including mergers, acquisitions, strategic collaboration
and voice minute aggregation.
However, price declines appear set to continue but with some amelioration in
the speed and percentage rate. In contrast to other regions, high voice and
data volume growth is forecast for the Asia Pacific region.
In international wholesale data, the report found that the world market has
not yet stabilised, and continues to be highly competitive with low barriers
to entry for IP Transit, and the possibility that a new threat to the current
IP Transit business model is emerging.
Although the total international wholesale market dollar value increased by
only 4% between 2003 and 2004, strikingly the report found that the mobile
premium now equates to approximately 40% of all revenues. The proportion of
mobile terminating traffic continues to increase - the survey average is 36%
- although new challenges could impact future growth.
The report also includes two valuable additional sections that provide context
for the survey results: market pricing and the value of the international
wholesale voice market, and an assessment of wholesale business profitability.
Voice and Data Competition
The survey found that Carriers perceive Teleglobe as the leading competitor in
wholesale voice, and that a similar accolade is accorded to COLT in wholesale
data. COLT has achieved this status for the second year running, even though
its activities are confined to the European region.
ITXC is critical to the ranking of Teleglobe (now acquired by VSNL) and in
combination places the carrier as the number one voice competitor, as viewed
by its peers in the market. Belgacom who appeared first in voice wholesale
last year, now ranks behind MCI who were identified by the respondents from
all geographic regions as truly global and the most competitive wholesale
voice carrier, and is now second in the survey.
In international wholesale data, Level (3) Communications and Cable &
Wireless, who are viewed as highly competitive and collectively operate across
multiple geographies, were second and third respectively.
Who Should Buy This Report
- Voice and Data Carriers
- Aggregators
- Single Route Operators
- VoIP Players
- Regulatory Organisations
- Law Firms
- Supplier Companies
- Consultancies
- Financial and Investment Services Organisations
Table of Contents
Part I - Wholesale Survey Results 2005
- 1 Voice: Revenue and Volume Expectations
- 2 IP Infrastructure
- 3 Retail Traffic
- 4 Business Model
- 5 Mobile Traffic
- 6 Data: Growth Expectations
- 7 Competition: Voice
- 8 Competition: Data
Part II Market Pricing and the Value of the International Voice Wholesale Market
- 1 World Market for Voice
- 2 Regional Markets for Underlying Fixed Network Termination (excluding
Mobile)
- 3 Regional Market for Actual Fixed and Mobile Network Termination
- 4 Fixed and Mobile Regional Comparisons
- 5 Termination Value
Part III Wholesale Business Profitability
- 1 Profitability
- 2 Dynamics of Profitability
FIGURES
- Figure 1 Wholesale Voice Revenue Growth Expectations
- Figure 2 Wholesale Voice Traffic Growth Expectations 2005/6
- Figure 3 Percentage of Operator's traffic from the Operator's retail
business, mapped to number of Interconnects
- Figure 4 Retail relationship to Interconnects
- Figure 5 Wholesale relationship to Interconnects
- Figure 6 Wholesale Data Revenue Growth Expectations
- Figure 7 Wholesale Data Volume Growth Expectations
- Figure 8 Relationship between Volume Growth expectations and the % of
Bandwidth Products in the Revenue mix
- Figure 9 Relationship between the percentage of Bandwidth in the product
mix and People involved in the Wholesale Data Business
- Figure 10.1 Ranking of Wholesale Voice Competitors by Wholesale Carriers
- Figure 10.2 Ranking of Wholesale Voice Competitors by Wholesale Carriers
(adjusted)
- Figure 11 Ranking of Wholesale Data Competitors by Wholesale Carriers
- Figure 12 Global International Wholesale Market Value (all values
expressed in billions of US$)
- Figure 13 Regional changes in the underlying value of Fixed Network
termination (all values expressed in US Dollars)
- Figure 14 Regional termination rates (all values expressed in US Dollars)
- Figure 15 Regional changes in the actual value of traffic termination
(value expressed in US Dollars millions)
- Figure 16 Mobile Network Termination Rates Premium over Fixed Network
Termination Rates (expressed in percentages)
- Figure 17 Comparison of the Regional Underlying Fixed and Actual Fixed &
Mobile (values expressed in US Dollars millions)
PART III
- Table 1 Wholesale Business Profitability (values expressed in US Dollars
millions)
- Table 2 Revised Wholesale Business Model (all values expressed in US
Dollars millions)
