Communications, Media & Technology: State of the Industry 2008
In 2007, the Communications, Media & Technology (CMT) industry’s global market value continued its upward trajectory to reach $8.2 trillion, which represents about 14% of the world’s total equity valuation.
To discover who the top performers are, where they are located, and what distinguishes them from average and below-average performers, Oliver Wyman created and analyzed Shareholder Performance IndexSM rankings of the 450 largest public CMT companies.
Several surprising and compelling findings emerged and are discussed in the firm's first annual State of the CMT Industry Report, including:
• Emerging markets are home to both the largest CMT company in the world – China Mobile – as well as the best performing one, Bharti Airtel.
• Emerging markets are the driving force behind global revenue growth in many sectors of the industry, especially mobile.
• The best-performing CMT companies in the world have tapped into global demand trends with innovative business designs and innovative performance improvement tactics.
• Strategic risks are increasing, so that the ability to “de-risk” the business has become an important CMT industry management priority.
The State of the CMT Industry Report features profiles of some of the most interesting CMT companies in the world, such as Tencent Holdings (China), which is monetizing its virtual online and mobile user community, or Telenor (Norway), which has countered slowing growth in its home market through smart investments in emerging markets.
