Telecommunication services Canada – additional information
Telecommunication services are the systems that allow information exchange, such as telephone, radio, and internet, regardless the distance on a real time basis. Telefonica, Deutsche Telekom, Vodafone and Verizon are a few examples of companies that provide telecom services, which include fixed data services, fixed voice services and mobile telecom services. Worldwide, the telecommunication services industry generates more than 1,000 billion in revenue every year.
In Canada, the telecommunication industry amounted to 44.8 billion Canadian dollars in revenues in 2013. The number of mobile subscribers in Canada reached 28.41 million in 2014. Bell Canada is the leading mobile service provider with 8.12 million mobile/wireless subscribers in 2014, almost 30 percent of the market share. Canada had 35.49 million internet users in July 2015, and the number of mobile phone users is expected to reach 28.7 million.
Bell Canada is also one of the leading telecommunications operators worldwide. In 2012, the company generated 14.92 billion of Euros in revenue, ranking 22nd among the top telecommunication operators worldwide. Along with BCE, MTS Inc./Allstream Inc., Rogers, Shaw, and TELUS are responsible for the majority of the Canadian telecommunication services industry revenues.