Industry Analysis & Industry Trends
The Fibre Optic Cable Installation industry's strong growth phase has been underpinned by the commitment of successive federal governments to invest into building telecommunications technology through the National Broadband Network (NBN). The objective of the NBN is to provide all Australian households, businesses and government agencies with a technologically advanced communications platform through which to access internet-based entertainment and data transfer. Through the creation of NBN Co, the Federal Government single-handedly created a boom in the industry.
Industry revenue has climbed from humble levels in the late 2000s. Over the five years through 2014-15, industry revenue is expected to grow at an annualised 57.3%, to total $3.0 billion... purchase to read more
Industry Report - Starting a New Business Chapter
The industry is growing rapidly due to government spending on the NBN. The primary barrier to entry is the ability to prepare competitive tenders, especially for government work. Governments tend to favour established players with a track record of project completion. In addition, the capacity of the large-scale players enables them to use their corporate and marketing strength to land large contracts and stable work, especially in the government sector. Due to the national coverage of the NBN, an additional barrier to entry is the ability to provide services in challenging regional areas.
As such, smaller players and non-employers have limited access to this market... purchase to read more