Two key drivers, convergence and the fight for access to the homes and businesses of customers, are pushing many of the trends in both wireline and wireless communications services around the world. Despite declining prices in many areas, the outlook for the communications industry is positive. Spending on wireless services alone is projected to grow to $334 billion in 2002, or at an average annual rate of 17 percent.

Although growth opportunities are plentiful, the market will require current communications service providers to significantly reconstruct their business models. At KPMG we are able to appreciate the pressure points you face:

• Competition from traditional and non-traditional players
• Customer acquisition and retention
• Consolidation and convergence
• Globalisation
• Strategic alliances and joint ventures
• Privatisation and deregulation
• Product and technology choices
• Customer demand for new and improved products and services, and
• Shareholder value

Our Global Network
KPMG's Global Communications practice brings together professionals in the communications industry to provide industry-focused services that are highly integrated across assurance, tax, corporate finance, due diligence and consulting - leading to comprehensive solutions to your business issues.We have a global network of professionals covering all disciplines, supported by local country based staff, and led by an industry steering group.

Our Commitment to Communications
Leading the way in helping our Communications clients shape the future of their business, we have formed strategic alliances with Cisco Systems and Qwest to provide company-wide infrastructure solutions. Together, we will develop effective strategies that take advantage of your core strengths.