Overview:
The United States has become one of the hardest hit countries in terms of COVID-19 with over 200,000 cases. The virus has had a major impact on the US economy, with over 30 states currently advising Americans to “stay-at-home”. Non-essential businesses have either been advised or directed to close with the exception of grocery stores, pharmacies, restaurants, and a few other essential businesses. While the telecommunications sector has also been deemed essential, carriers have begun closing corporate retail locations voluntarily to help prevent the spread of COVID-19. In addition, they have also begun offering free unlimited data plans for their customers in these times of social distancing to keep connected with friends and family.
This report covers analysis of the recent carrier announcements regarding COVID-19 measures, the current market landscape during COVID, and lastly provides a short-term forecast for the US market in 2020 and 2021.
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