Telecom Industry: An Introduction To The Telecommunication Industry

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PART-A INDUSTRY PROFILE 1.1 Introduction to Telecom Industry: Telecommunication industry deals with the activities and services of electronic system for transmitting message through cables, telephone, radio or television. In the modern age of electricity and electronics, telecommunication now also includes the use of electrical device such as telegraphs, telephones, and teletypes, the use of radio and microwave communication as well as fiber optics and their associated electronic plus an important role in the world economy and the world wide communication industry revenue was estimated to be $ 1.7 trillion in the 2008, and is expected to touch by 2014. The introduction of an advanced technologies make the telecommunication industry…show more content…
That first patent by Bell was the master patent of the telephone, from which all other patent for electronic telephone device and feature flowed. The key innovators were Alexander Graham bell and Gardiner Greene Hubbard, who created the first telephone company, the bell telephone company in the United States, which later evolved into American Telephone & Telegraph. The world telecommunication market was expected to rise at a 15 percent compound annual growth rate at the end of year 2014. India’s telecommunication network is the second largest in the world based on the total number of telephone users (both fixed and mobile phone). It has one of the lowest call tariffs in the world enabled by the mega telephone networks and hyper- completion among them. It has the world’s third – largest interest user- base with over 137 million as of June 2012. Major sector of the Indian telecommunication industry are telephony, internet and television…show more content…
Four markets are developing fastest in Asia. They are china, Indonesia, India and Vietnam. Mean while, in the markets of Japan, South Korea, Hong Kong and Singapore, handsets have a high markets penetration. India has a mere 1.2 telephones foe every 100 of its people. This is way below international standards and is not becoming of a country aspiring to be a major player in the global economy of the 21st century. The telecom industry is developing the faster among all sectors in India. Meanwhile, GSM mobile communication is in the leading position in the development of telecom market. In the next few years, handset subscribes will be expanding dramatically with an expected growth rate of more than 50%. The figure will add up to 200 million in 2008, accounting for 75 percent of all telecom subscribers. In the past 5 years, the number of GSM handset users increases ten times. In virtue of great market potentials, it will take a shorter time than expected for consumers to exceed 100
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