The telecommunications industry has been among the best performing industries in the world in recent years. Telecom companies face a unique set of challenges that stem from technology trends and customer demands. The convergence of applications, networks or content in this new-age information super highway has become the next path-breaking move in core mass-market technology providing single connectivity and integrated user experience.
In the modern world you can compare the Telecommunications Industry to be of same significance as the central nervous system has with respect to human body. Telecom industry is made up of a complex set of sectors and subsectors and has variety of stakeholders. Telecom industry builds, maintains, and operates telecommunication networks which enable one of the most essential services to humans and organizations globally, ability to communicate intra and cross borders.
This section on Telecom Sector is designed to help learners have an overview and understand key concepts, terminology and glossary, issues and challenges, associated with the telecommunications industry, and what strategies gets employed to meet some of those challenges. We will discuss the main sectors of the Telecommunications Industry and will focus on some of its critical business drivers. We will also understand the key aspects of the industry’s business model, its competitive environment and the current trends.
In this article we will define telecom industry and discuss some of the key business drivers. Understand the various constituents of the telecommunication services sector followed with a small discussion on current industry trends.
It began with the use of smoke signals and invention of telegraph in 1844 made possible wired communication, telephone enabled voice transmission. Follow this advancement from smoke signals to modern day internet and mobile technology, understanding the events that have shaped the world of telecommunications.
Telecommunications industry continues to grow steadily on a global scale. The most important imperatives shaping the modern telecommunications industry are globalization (world wide scale), technology (latest advancements) and deregulation. This article briefly discusses these three imperatives.
The first factor shaping the telecommunication industry to what it is today is globalization. The telecommunications industry transports information at such incredible speeds that concept of virtual world has become true. This article will discuss impact of globalization and the risks and opportunities it present to the industry.
The second factor influencing the telecommunication industry greatly is technological advances. Technological advances in the recent times have dramatically changed the dynamics of players involved in the telecommunications infrastructure, equipment and services sectors. This article will discuss impact of technological advances and the risks and opportunities it present to the industry.
The third factor having a great influence on modern telecommunication industry is deregulation. This article will discuss some thoughts on impact of deregulation and unfettered competition on industry and a brief debate on deregulation versus some new form of regulatory intervention.
In many telecom markets, deregulation is currently being discussed, in this article we will examine impact of deregulation on the overall economy and study arguments that are placed in favor and against deregulation.
Until the 1980s, the governance and regulation of international telecommunications regulation was relatively straightforward where state-owned telecom companies provided services within discrete national boundaries. International traffic was carried at rates mutually agreed upon by governments and their respective national carriers. A brief discussion on how industry is shifting to multilateral trade framework.
To provide solutions to clients in the Telecom industry, it is critical to have a comprehensive understanding of their business, their objectives and their challenges – those business challenges unique to their organization as well as those triggered by the industry and marketplace. The following article provides an overview of the key business drivers that are impacting telecom carriers and hardware providers.
Broadly telecom industry can be divided into two sectors, Equipment Sector and Services Sector. Equipment sector players manufacture telecom products whereas the services sector comprises of operators and other service providers. In this article we will discuss the industry profile of telecommunications.
Telecommunications industry has a complex set of suppliers, including vendors for equipment, infrastructure and service providers. What is the revenue metric for telecom and who are the major stakeholders in this industry? Read to find out!