Morgan Stanley’s Definitive Telecommunications Report

Posted by Sam Churchill on

Morgan Stanley has created the definitive global telecom study and has placed it on the internet for everyone to study (via Scribd).

“The Mobile Internet Report Key Themes” is a 659-slide presentation that’s data-rich and packed with informative PowerPoint charts and graphs. It’s available at www.ms.com/techresearch

Morgan Stanley intends to expand and edit the framework as the market evolves. They say a lot has changed since they published “The Internet Report” in 1995 on the web.

The investment firm presents their thoughts in three ways:

Their key take aways:

  • Material wealth creation / destruction should surpass earlier computing cycles. The mobile Internet cycle, the 5th cycle in 50 years, is just starting.
  • The mobile Internet is ramping faster than desktop Internet did, and we believe more users may connect to the Internet via mobile devices than desktop PCs within 5 years.
  • Five IP-based products provide the underpinnings for dramatic growth in mobile Internet usage – 3G adoption + social networking + video + VoIP + impressive mobile devices.
  • Apple + Facebook platforms serving to raise the bar for how users connect / communicate – their respective ramps in user and developer engagement may be unprecedented.
  • Massive mobile data growth is driving transitions for carriers and equipment providers.

The investment firm says their goal is to get these thoughts and data into the conversation about what may be the biggest technology trend ever, one that may help make us all more informed in ways that are unique to the web circa 2009, and beyond.

While I disagree with some points here and there (for example 700Mhz self-interference and capacity limits may reduce range), and its bullish thrust (with few reservations), it’s hard to quarrel with the price or their dedication to creating an exhaustive, detailed and highly readable research report.

This report is worth thousands of dollars and is available free to everyone. It will keep analysts busy for years. It’s a must read for anyone serious about the telecommunications business.

Posted by Sam Churchill on Wednesday, December 16th, 2009 at 8:43 am .

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