Market Overview| Market Overview |
The coming revolutionThe telecommunications industry is going through one of the most dramatic changes in its history, a revolutionary change that will alter the telecoms landscape forever. BT knows the revolution is coming and is investing heavily to the sum of £12 billion on its 21st Century programme, which will over five years see the traditional 'circuit switched' network replaced by new IP based technology. The time is nowThe existing telecoms infrastructure is not able to offer the flexibility consumers and businesses require in our digital age. The monopoly once held by nationalised companies is slipping away with the introduction of new products and services that can meet customer requirements more quickly, more effectively and at a fraction of the cost. There are currently 34 million exchange lines in the UK generating a turnover that exceeds £1.5 billion. This is now fast eroding due to developments like Fixed Mobile Convergence in the IP Telephony market. Leading the wayThe revolution is already underway and BNS is at the forefront of this new era. The company’s unique IP Telephony offering gives us the opportunity to generate strong revenues ahead of our competitors. Our ambitious management team are capitalising on the opportunities at hand and BNS have become one of the largest VoIP providers in the UK. This will enable the next phase of significant growth, taking projected turnover to £100 million in just five years. |