World Telecom Industry

By: EconomyWatch   Date: 29 June 2010

About The Author

EconomyWatch

The core Content Team our economy, industry, investing and personal finance reference articles.

EconomyWatch, Content Team

 

  • Dot Div
  •      

World telecom industry is an uprising industry, proceeding towards a goal of achieving two third of the world's telecom connections. Over the past few years information and communications technology has changed in a dramatic manner and as a result of that world telecom industry is going to be a booming industry. Substantial economic growth and mounting population enable the rapid growth of this industry.

Research works associated with world telecommunication industry

A number of research works are being carried out all over the world to improve the quality and speed of transmission. Research works are also done on the basis of the users' needs. The objective of the research work is to provide quality and affordable service to the consumers.

Market potentiality of world telecommunication industry

The world telecommunications market is expected to rise at an 11 percent compound annual growth rate at the end of year 2010. The leading telecom companies like AT&T, Vodafone, Verizon, SBC Communications, Bell South, Qwest Communications are trying to take the advantage of this growth. These companies are working on telecommunication fields like broadband technologies, EDGE(Enhanced Data rates for Global Evolution) technologies, LAN-WAN inter networking, optical networking, voice over Internet protocol, wireless data service etc.

Economical aspect of telecommunication industry

World telecom industry is taking a crucial part of world economy. The total revenue earned from this industry is 3 percent of the gross world products and is aiming at attaining more revenues. One statistical report reveals that approximately 16.9% of the world population has access to the Internet.

Present market scenario of world telecom industry

Over the last couple of years, world telecommunication industry has been consolidating by allowing private organizations the opportunities to run their businesses with this industry. The Government monopolies are now being privatized and consequently competition is developing. Among all, the domestic and small business markets are the hardest.

To know more about world telecom industry, one can browse through the following links:

Featured Reports That You Might Like: 
Date: 
31 Dec 2011
Price: 
   

AUSTAR United Communications Limited (AUSTAR or "the company") is a provider of subscription television (TV) services primarily digital satellite services to regional and rural areas in Australia. The company operates primarily ...

Date: 
11 Feb 2012
Price: 
   

Vodafone Group (Vodafone or "the group") is one of the world's leading providers of mobile telecom services. The group provides mobile voice and data communication services to consumers and enterprise customers. The group has ...

Need more featured reports? Check out Economy Watch's research Store

blog comments powered by Disqus