Trends In Wholesaler Profitability

In the last decade wholesale telecoms has dramatically increased in importance

, along with the variety and complexity of retail communications services.

Table of Contents

Executive summary

In a nutshell

Ovum view

Key messages

Recommendations for players

National wholesalers innovate to reverse revenue declines

International wholesalers volume and efficiency to increase profitability

Declining revenue and profitability? Jump to it!

Wholesale profitability compared

Revenue growth shows a mixed picture

Profitability

Limitations of the research

Analysis of major carriers

Belgacom

BT

Colt

iBasis

KPN

Level 3

Swisscom

Telefonica

TeliaSonera

Telstra

List of Tables

Table 1: National wholesale revenue growth compared

Table 2: International wholesale revenue growth compared

Table 3: Revenue and profitability growth compared

Table 4: Belgacom results 2008

Table 5: BT results 2008-09

Table 6: Colt results 2008

Table 7: iBasis results 2008

Table 8: KPN results 2008

Table 9: Level 3 results 2008

Table 10: Swisscom results 2008

Table 11: Telefonica results 2008

Table 12: TeliaSonera results 2008

Table 13: Telstra results 2007-08

List of Figures

Figure 1: Selected telcos group and wholesale revenue growth

Figure 2: Revenue and profitability growth compared

Figure 3: Belgacoms changing performance between 2007 and 2008

Figure 4: BT results for financial year 2008-09

Figure 5: Colts changing operating margins in 2007 and 2008

Figure 6: KPNs changing profit margins in 2007 and 2008

Figure 7: Level 3s revenue growth rates, 2007 to 2008

Figure 8: Declining Telefonica margins between 2007 and 2008

Figure 9: Telstra performance changes between 2006-07 and 2007-08

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