Telecommunications Franchises

The modern world is built on communications. From our smartphones to wireless internet access, telecommunications are the backbone of all business today. A telecommunications franchise plays a vital role in this equation, something that will excite and motivate the right entrepreneur who wants a rewarding and evolving business to run. It is essential that you research exactly what kind of telecommunications business you want to be a part of from the beginning.

Did You Know?

By 2020, revenues of U.S. telecommunications resellers are projected to reach about $21.743 billion.

SOURCE: Statista; US Census Bureau

The annual compound growth rate of telecommunications revenue from 2016-2021 is expected to be 1.4%.

SOURCE: Statista

794.7 thousand people are employed in the U.S. telecommunications industry.

SOURCE: Statista

In 2021, wireless data traffic per active smartphone in the U.S. will be the at 22 GB per month.

SOURCE: Statista

SOURCE:
Statista; US Census Bureau

SOURCE:
Statista

SOURCE:
Statista

SOURCE:
Statista

Types of Telecommunications Franchises

Within the telecommunications franchise industry, there are several options for a potential franchisee to consider. Your business could focus on the video conferencing side of telecommunications or you could concentrate on offering phone delivery systems. No matter which avenue you pursue in your franchise, you will be playing an integral role in helping other individuals and businesses conduct their daily affairs.

Why a Telecommunications Franchise?

No business today can operate without the services of telecommunications. They are simply an essential utility to modern business and life. An entrepreneur who has an interest in anything that is fast-paced and ever-evolving, would be wise to look into the possibilities that a telecommunications franchise can offer. Along the way you will have the full support and resources of your franchisor, as you seek to grow your franchise into a successful business.

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