Telecoms OSS worth USD67bn in 2016
TELECOMS| March 13, 2012, 11:07 a.m.
The global market for operations support systems (OSS) — the computing and software IT infrastructure that performs engineering, provisioning, and management functions in telecommunications networks — will exceed USD67 billion in 2016, according to a new report by Insight Research.
Telecommunications industry spending for OSS is expected to mirror the forecasted growth in service revenue over the next five years, indicating that the industry is expecting sustainable growth in the years ahead.
According to the report,"Operations Support Systems, 2011-2016”, telecommunications network operators worldwide are expected to increase their investment in OSS at a compounded rate of 5.9% over the next five years.
North American investment in the computing and software systems used to acquire, serve, and bill customers will lag worldwide investment, growing at a compounded rate of 4.6 percent over the same period, while OSS expenditures made by carriers in the Asia, Europe, and Latin America regions will grow at 6.3%.
The report found that telecommunications service providers are investing most heavily in those OSS needed to support wireless 3G and 4G services. Over the forecast period, annual OSS spending to support broadband wireless will increase from USD3 billion today to USD22 billion in 2016.
"Telecommunications providers will continue to invest in systems that streamline their operations – particularly in growth areas such as customer care and network engineering for wireless services," says Insight director Fran Caulfield. "Our research confirms continued strong growth for both wireless services and the operations systems that support the proliferation of smartphones, tablets, and mobility applications," concluded Caulfield.
MORE TELECOMS NEWS
Nigeria’s fifth telco, ntel, appoints Danjuma board chairmanNatCom Development & Investment Limited (NatCom) trading as ntel, has announced a key addition to its board and the emergence of elder statesman, accomplished businessman and respected philanthropist, Gen TY Danjuma (retd) as Chairman. Read More
MTN Nigeria prepares for listingMTN Nigeria is preparing to list its shares on The Nigerian Stock Exchange as part of a settlement arrangement with the Federal Government of Nigeria. Read More
AMOTEL, WTL rural network now up and runningWorld Telecom Labs (WTL) and AMOTEL have announced that the network they have built in rural Tanzania is now live with residents in three remote villages able to make calls and use the internet for the first time. Read More
MTN Ghana launches 20th anniversary edition of i-FestThe MTN Ghana 20th anniversary edition of the internet festival (iFest) was officially launched at a colourful outdoor event in Abeka Lapaz, a suburb of Accra. Read More
Gilat Satcom, Total IT Solutions connect 10 villages in NigeriaGilat Satcom is providing voice and high-speed data to ten villages in the states of Adamawa, Borno, Kano, Katsina, Oyo and Yobe in the North East of Nigeria. Read More
NCC enforces 2442 Do Not Disturb short codeFollowing an NCC directive, Nigerian mobile operators will activate a Do Not Disturb facility which gives subscribers the freedom to choose what messages to receive from the various networks. Read More
Tigo Business – Building trusted business partner relationships with clientsTigo Business has increased and empowered its account management team to improve its overall customer service experience. Read More
Danbatta seeks Reps’ cooperation on telecom regulationsThe Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has called for more cooperation and understanding of members of the House of Representatives, on regulatory functions of the commission. Read More
Orange completes acquisition of Airtel in Burkina FasoOrange has announced that, together with its subsidiary Orange Côte d’Ivoire, it has completed the acquisition of 100% of the mobile operator Airtel in Burkina Faso. Read More
FEATURED STORYFirst-ever Africa Barclays Accelerator programme concludes
Ten fintech companies have concluded the first-ever Barclays Accelerator, powered by Techstars in Africa.
BEST READ NEWS
IN DEPTHEthical Hacking students can’t get a heck of a job
Botswana ethical hacking students report that they are failing to break into the local job market.