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Section
CHAPTER I: Executive Summary  
CHAPTER II: Overview of Prepaid Telecommunications
   2.0 Overview
   2.1 Background and History
      2.1.1 Prepaid Calling Cards
      2.1.2 Prepaid Wireless
      2.1.3 Prepaid Wireline
   2.2 Market Definitions
      2.2.1 Types of Service
         2.2.1.1 Prepaid Calling Cards
         2.2.1.2 Prepaid Wireless
         2.2.1.3 Prepaid Wireline
   2.3 Key Market
      2.3.1 Credit-Challenged
      2.3.2 Ethnic Market
      2.3.3 Collectors
      2.3.4 Youth Market
      2.3.5 Mainstream Market
   2.4 Technology
      2.4.1 Billing Platform
      2.4.2 Network Hardware
      2.4.3 Network Call Flow Control
      2.4.4 Relational Database
   2.5 Market and Revenues
      2.5.1 Revenues: 1995 to 1999
      2.5.2 Market Share
      2.5.3 Impact on Traditional Markets
         2.5.3.1 Increased Customer Choice
   2.6 Providers
   2.7 Trends
      2.7.1 Credit, Debit, and Smart Cards
         2.7.1.1 Smart Cards
      2.7.2 Regulation
      2.7.3 Surcharges
      2.7.4 Churn
         2.7.4.1 Branding and Loyalty
      2.7.5 Expanded Distribution  
CHAPTER III: Prepaid Calling Cards
   3.0 Overview
   3.1 Introduction
      3.1.1 Background and History
   3.2 Services and Definitions
      3.2.1 How they Work
      3.2.2 Refilling
      3.2.3 Features
      3.2.4 Restrictions on Use
      3.2.5 Prepaid Calling Card Terminology
   3.3 Technology
      3.3.1 Technology Providers
   3.4 Applications
      3.4.1 Consumer
         3.4.1.1 Telephone Calling
            3.4.1.1.1 Convenience and Cost Savings
            3.4.1.1.2 Budget Control
            3.4.1.1.3 Privacy
         3.4.1.2 Collecting
      3.4.2 Business
         3.4.2.1 Promotions
         3.4.2.2 Fundraising
         3.4.2.3 Employee Incentives
         3.4.2.4 Market Research
         3.4.2.5 Cost Control
   3.5 Market Size and Demand
      3.5.1 Market Segments
         3.5.1.1 Initial Markets
        3.5.1.2 Collectors
        3.5.1.3 Mainstream Markets
      3.5.2 Market Segments Conclusions
      3.5.3 Revenues
         3.5.3.1 Breakage
   3.6 Market Evolutions
      3.6.1 Early Players
      3.6.2 Late 1990s
      3.6.3 Market Entry and Developing Problems
      3.6.4 The Market Players in 2000 and Beyond
   3.7 Key Players
      3.7.1 Prepaid Service Providers
         3.7.1.1 9278 Communications
         3.7.1.2 Blackstone
            3.7.1.2.1 Consumer Offerings
         3.7.1.3 DIGITEC
            3.7.1.3.1 Consumer Offerings
         3.7.1.4 IDT
             3.7.1.4.1 Consumer Offerings
         3.7.1.5 PaySmart America/TSI Communications
            3.7.1.5.1 Consumer Offerings
         3.7.1.6 QwesT
            3.7.1.6.1 Consumer Offerings
         3.7.1.7 Sterling Time Company
            3.7.1.7.1 Consumer Offerings
         3.7.1.8 US South Communications Inc
            3.7.1.8.1 Consumer Offerings
         3.7.1.9 Viatel/Econophone
            3.7.1.9.1 Consumer Offerings 
         3.7.1.10 WorldCom
            3.7.1.10.1 Consumer Offerings
      3.7.2 Card Printing Companies
      3.7.3 Vending Machine Manufacturers
   3.8 Market Development and Trends
      3.8.1 Surcharges
         3.8.1.1 Clean Cards
         3.8.1.2 Costs
         3.8.1.3 Types of Surcharges
         3.8.1.4 Surcharge Summary
      3.8.2 Distribution Channels
         3.8.2.1 Distribution Channels for Customer 
         3.8.2.2 Distribution Channels for Providers
         3.8.2.3 POS Activation
      3.8.3 Virtual Cards
      3.8.4 Smart Cards
      3.8.5 Regulations  
CHAPTER IV: Prepaid Wireless Services
   4.0 Overview
   4.1 Wireless Overview
   4.2 Services and Descriptions
      4.2.1 Prepaid Mobile Phone
         4.2.1.1 Definition
         4.2.1.2 How the Service Works
         4.2.1.3 Obtaining Service
       4.2.2 Prepaid Page
         4.2.2.1 Definition
         4.2.2.2 How the Service Works
         4.2.2.3 Obtaining Service
   4.3 Technology
      4.3.1 Network Platforms
      4.3.2 Delivery of Service
      4.3.3 End-User Provisioning
         4.3.3.1 Handset-Based
         4.3.3.2 Metered Billing
    4.4 Target Markets and Demands
      4.4.1 Demand
      4.4.2 Customer Markets
         4.4.2.1 Consumers
         4.4.2.2 Business
   4.5 Revenue and Users
      4.5.1 Revenues: Mobile Phones
      4.5.2 Revenues: Paging
      4.5.3 Users: Mobile Phone
      4.5.4 Users: Paging
   4.6 Providers and Current Offerings
      4.6.1 Key Players: Mobile Phone
         4.6.1.1 Verizon Wireless Inc.
            4.6.1.1.1 Company Background
            4.6.1.1.2 Consumer Offerings
         4.6.1.2 Cingular Wireless
            4.6.1.2.1 Company Background
            4.6.1.2.2 Consumer Offerings
         4.6.1.3 AT&T Wireless Group
            4.6.1.3.1 Company Background
            4.6.1.3.2 Consumer Offerings
         4.6.1.4 Sprint PCS
            4.6.1.4.1 Company Background
            4.6.1.4.2 Consumer Offerings
         4.6.1.5 VoiceStream Wireless
            4.6.1.5.1 Company Background
            4.6.1.5.2 Consumer Offering
      4.6.2 Key Players: Paging
         4.6.2.1 Metrocall
            4.6.2.1.1 Company Background
            4.6.2.1.2 Consumer Offerings
         4.6.2.2 WebLink
            4.6.2.2.1 Company Background
            4.6.2.2.2 Consumer Offerings
         4.6.2.3 SkyTel Communications
            4.6.2.3.1 Company Background
            4.6.2.3.2 Consumer Offerings
   4.7 Market Trends
      4.7.1 Basic Package
      4.7.2 Internet
      4.7.3 Pricing
      4.7.4 Marketing and Advertising
      4.7.5 International
      4.7.6 Technology  
CHAPTER V: Prepaid Wireline
   5.0 Overview
   5.1 Introduction
      5.1.1 History
   5.2  Service and Definitions
      5.2.1 Prepaid Dialtone
         5.2.1.1 Obtaining Services
         5.2.1.2 Features
      5.2.2 Prepaid Long Distance
         5.2.2.1 Obtaining Service
         5.2.2.2 Features
   5.3 Technology
      5.3.1 Service Provisioning
   5.4 Applications
      5.4.1 Consumer Applications
         5.4.1.1 Unable to Obtain/Maintain Service
         5.4.1.2 Alternative Payment Option
         5.4.1.3 Controlling Costs
         5.4.1.4 Activating Short Term Service
      5.4.2 Business Applications
         5.4.2.1 New Business 
         5.4.2.2 Seasonal Applications
         5.4.2.3 Temporary Applications
         5.4.2.4 Cash Flow Management 
         5.4.2.5 Control Costs
   5.5 Market Size and Demand
      5.5.1 Target Markets
         5.5.1.1 Prepaid Dialtone
         5.5.1.2 Prepaid Long Distance
      5.5.2 Demand
         5.5.2.1 Reason for Lack of Service
         5.5.2.2 Budgeting Skills
         5.5.2.3 Employment Situation
   5.6 Revenues and Users
      5.6.1 Profits per Account
      5.6.2 Customer Retention and Churn
   5.7 Providers242
      5.7.1 Types of Providers
      5.7.2 Key Players
         5.7.2.1 1-800-RECONEX
         5.7.2.2  SouthWest Teleconnect
         5.7.2.3 Homisco/Voicenet
         5.7.2.4 Metro-Teleconnect Companies
         5.7.2.5 Smoke Signal Communications
         5.7.2.6 USA Telecom
         5.7.2.7 Southwestern Bell Telephone/SBC
         5.7.2.8 Verizon
   5.8 Market Trends and Issues
      5.8.1 Virtual Phone
      5.8.2 Advertising
      5.8.3 Distribution Channels
      5.8.4 Regulations  
CHAPTER VI: Prepaid Telep hony Forecasts
   6.0 Overview
   6.1 Market View
      6.1.1 Key Players
      6.1.2 Impact on Traditional Telecommunications Market
   6.2 Total Market Forecast
      6.2.1 Forecast to 2004
      6.2.2 Market Shares
      6.2.3 Key Assumptions
   6.3 Components of Prepaid Telecommunications
      6.3.1 Prepaid Phone Cards
         6.3.1.1 Minutes Sold and Users
         6.3.1.2 Revenue
      6.3.2 Prepaid Wireless
         6.3.2.1 Key Players
         6.3.2.2 Mobile Phone Market
         6.3.2.3 Paging Market
         6.3.2.4 Prepaid Mobile Phone
         6.3.2.5 Prepaid Paging
         6.3.2.6 Prepaid Mobile Phone Revenues
         6.3.2.7 Prepaid Paging Revenue
          6.3.2.8 Combined Wireless Revenue
      6.3.3 Prepaid Wireless
         6.3.3.1 Prepaid Wireline Revenue
         6.3.3.2 Prepaid Dialtone Revenue
         6.3.3.3 Prepaid 1+ Revenues
   6.4 Trends and Issues
      6.4.1 Mainstream Market
      6.4.2 Cost to Consumers
      6.4.3 Disclosure
      6.4.4 The Changing Market Players
      6.4.5 Technology
      6.4.6 Virtual Cards  

LIST OF FIGURES AND TABLES

Figure
1.1 Growth in Prepaid Telephony
1.2 Prepaid Revenues by Service: 1999
1.3 Prepaid Revenues by Service: 2004
1.4 Prepaid Revenues Percent Share by Service: 1999
1.5 Prepaid Revenues Percent Share by Service: 2004
2.1 Prepaid Service Network
2.2 Switch-Based Configuration
2.3 Service Node Configuration
2.4 Simplified Call Flow
2.5 Call Handling
2.6 Prepaid Telephony Revenues: 1995 to 1999
2.7 Prepaid Telephony Growth: 1995 to 1999
2.8 Prepaid Telephony Components Revenues
2.9 Component Shares of the Total Prepaid Market
3.1 Market Awareness and Penetration
3.2 Market Penetration by Age
3.3 Market Penetration by Ethnicity
3.4 Market Penetration by Income
3.5 Purchase Frequency
3.6 Planned VS Impulse Purchase
3.7 Denominations Most Often
3.8 Prepaid Phone Cards
3.9 Purchase Locations
4.1 Adjunct Switch-Based Prepaid Network
4.2 Service Bureau Deployment of Prepaid 
4.3 Mobile Phone 1995 to 1999 
4.4 Mobile Phone 1995 to 1999
4.5 Prepaid Mobile Phone 1995 to 1999
4.6 Prepaid Mobile Phone 1999 to 1999
4.7 Paging Services 1995 to 1999
4.8 Paging Services 1995 to 1999
4.9 Prepaid Paging 1995 to 1999
4.10 Mobile Phone 1995 to 1999 
4.11 Prepaid Mobile Phone 1995 to 1999
4.12 Paging 1995 to 1999
4.13 Prepaid Paging 1995 to 1999
4.14 WIN-based Prepaid Networks
5.1 Prepaid Wireline Architecture
5.2 Prepaid Dialtone Customer
5.3 Prepaid Dialtone Revenues
5.4 Prepaid Long Distance Customer
5.5 Prepaid Long Distance Revenues
5.6 Total Prepaid Wireline Revenues
6.1 Prepaid Telephony Market
6.2 Annual Growth in Prepaid Telephony
6.3 Growth in Prepaid Telephony Components
6.4 Prepaid Telephony Components Revenues
6.5 Components Shares of the Total Prepaid Market
6.6 Prepaid Phone Cards - Number of Minutes Sold 
6.7 Prepaid Phone Cards Market
6.8 Penetration of Mobile Phone
6.9 Mobile Phone Subscribers
6.10 Paging Subscribers
6.11 Prepaid as Percent of Total Phone Market
6.12 Prepaid Mobile Phone Users
6.13 Prepaid as Percent of Total Paging Market
6.14 Prepaid Paging Users
6.15 Prepaid Mobile Phone Market
6.16 Mobile Phone - Average Annual Revenue Per Subscriber
6.17 Prepaid Mobile Phone - Average Annual Revenue Per Subscriber
6.18 Prepaid Paging Market
6.19 Total Prepaid Wireless Market
6.20 Total Prepaid Wireline Revenues
6.21 Prepaid Dialtone Revenues
6.22 Prepaid 1 + Long Distance Revenues

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