Industry Analysis of Telecom Industry
Chapter 1
Industry Background
A. Definition of the Industry: What are its Products or Services?
1. Definition
The development of any country completely depends upon the growth of telecommunications; it is a technology of transmitting signal through a long distance for the sake of communicating with each other. Throughout the world, telecom industry is being controlled by private companies instead of government monopolies. Traditional telecom technologies are also being replaced by modern wireless technologies, specifically in case of mobile services. One of the major objectives of telecom industry is to enhance the quality and speed of Internet technology.
These days, telecom industry is more concerned with texts and images (Internet technologies), rather than voice (telephone service). Most of the research works are going on Internet accessibility, specifically on data applications and broadband services. The other major division of telecom industry is mobile network sector, where lots of innovative research works are going on. Previously the traditional telephone calls used to earn the maximum revenues, but these days mobile service is going to replace traditional telephone services.
The telecommunication industry is more than just telephone services. In addition to the transmission of information this group also covers activities which offer access to a certain networks including the internet. It includes the distribution of sound, images, data or other information via cables, broadcasting, relay or satellite networks. It encompasses telephone, telegraph and telex communication, the transmission of radio and television programs, internet access provision and the maintenance of networks.
2. Goods and services
The telecommunications industry delivers telephone, television, Internet, and other services to customers throughout the Philippines. Providing the primary means of communication to virtually all businesses, households, and
Industry Background
A. Definition of the Industry: What are its Products or Services?
1. Definition
The development of any country completely depends upon the growth of telecommunications; it is a technology of transmitting signal through a long distance for the sake of communicating with each other. Throughout the world, telecom industry is being controlled by private companies instead of government monopolies. Traditional telecom technologies are also being replaced by modern wireless technologies, specifically in case of mobile services. One of the major objectives of telecom industry is to enhance the quality and speed of Internet technology.
These days, telecom industry is more concerned with texts and images (Internet technologies), rather than voice (telephone service). Most of the research works are going on Internet accessibility, specifically on data applications and broadband services. The other major division of telecom industry is mobile network sector, where lots of innovative research works are going on. Previously the traditional telephone calls used to earn the maximum revenues, but these days mobile service is going to replace traditional telephone services.
The telecommunication industry is more than just telephone services. In addition to the transmission of information this group also covers activities which offer access to a certain networks including the internet. It includes the distribution of sound, images, data or other information via cables, broadcasting, relay or satellite networks. It encompasses telephone, telegraph and telex communication, the transmission of radio and television programs, internet access provision and the maintenance of networks.
2. Goods and services
The telecommunications industry delivers telephone, television, Internet, and other services to customers throughout the Philippines. Providing the primary means of communication to virtually all businesses, households, and
Bibliography: http://www.emarketservices.com/clubs/ems/prod/Report%20060113_Telecom.pdf http://www.bls.gov/oco/cg/cgs020.htm#nature http://www.economywatch.com/world-industries/telecommunications/telecom-industry-analysis.html http://article-library.philippinesfreelancers.com/telecommunication/20100823-213856-The-Evolution-of-the-Telecommunications-Industry-in-the-Philippines http://business.ezinemark.com/the-boon-of-telecommunication-155285314b0.html http://www.economywatch.com/world-industries/telecommunications/ http://www.philstar.com/Article.aspx?articleId=490696&publicationSubCategoryId=66 http://www.financialmodelingguide.com/financial-modeling-tips/telecom-financial-model/