Telecommunications started in the 19th century with the telegraph, and developed through the telephone and radio to TV to satellites and the Internet etc. It continues to change in appearance, structure, boundaries, practices and actors. The telecommunications industry provides a wide range of services such as, fixed telephone services, mobile services, data services (online services, including internet, e-mail, value-added voice mail, voice processing), broadband services (high speed internet, video on demand, home shopping), cable systems, computer network etc. They are all competing and combining into the 'Net'. Despite the fact that the telecommunication industry has dramatic changes today, it is growing and continuing its rapid evolution. With the arrival of broadband, a lot of changes in technologies have taken place in the communications industry. Therefore, telecommunications services keeps evolving with technology, grow in importance and have an impact on modern life.
[...] Companies are involved in this industry in different parts of the market: Infrastructure Applications Services Telecommunications and other companies are remaking themselves for the new environment. The new telecommunications industry, as noted, is a global combination industry. The other information industries computer, media and publishing are also becoming combination industries. These companies are already developing combination products that reach outside their initial geographic bases. Telecommunications industry allows us to speak, share thoughts and also do business. Simple telephone calls were the major revenue generator but thanks to progress in network technology, this is changing because telecommunication is now less in relation to voice but nowadays more with text and images. [...]
[...] (Source : FINANCE, telecommunication on stock market, 01/11/06) The future of Telecommunication industry (2010) Specifically, the network of the future will be different from the current environment in five ways: It will be digital, broadband (high speed), "always on"(instantly), omnipresent and intelligent. All the traditional distinctions between different media such as telephone, broadcasting and cable will have virtually left and they will be a range of providers challenging to transport users bits as well as providing access to a large range of intelligent services. [...]
[...] Available at : http://userpage.fu- berlin.de/~jmueller/its/conf/dub01/papers/jamison.pdf - accessed on 29/11/07 The new global telecommunication industry and consumers, IIP: http://www.cba.ufl.edu/purc/purcdocs/papers/0113_Jamison_Business_Imperative s.pdf - accessed on 29/11/07 Technological Advances in Telecommunications Boost Demand for DC Power Equipment in Europe, ALL BUSINESS, Business Wire, March DUBLIN, Ireland - Research and Markets (http://www.researchandmarkets.com/reports/c51412) http://www.allbusiness.com/services/business-services/4534235-1.html -Accessed on the 29/11/07 Telecom industry opened to more competition,(CP), Thursday, November times online http://www.fftimes.com/National/Telecom-industry-opened-to-more- competition/29-Nov-2007 -Accessed on the 29/11/07 Communications & Strategies, 01-OCT-06, Immediate Online Access, Bismut Sophie Article Excerpt http://goliath.ecnext.com/coms2/gi_0199-6709524/Competition-in-European- telecom-markets.html#abstract -Accessed on the [...]
[...] Ian Worthington and Chris Britton (2006), The Business Environment, 5th edition, FT Prentice Hall. Chapter 10: Industrial structure Page 262-283 and Chapter 13: Market structure Page 351-366. Douglas West, john Ford and Essam Ibrahim (2006), Strategic Marketing creating competitive advantage, Oxford, Part II Page 67-87. Richard m.s, Wilson and Colin Gilligan (2005), Strategic Marketing Management : planning implementation and control, 3rd edition, Elsevier Butterworth Heinemann. Lynch, R. (2006). Corporate Strategy.4th edition, Financial Times Prentice Hall. Johnson, G. & Scholes, K. [...]
[...] Therefore, because of the specialized equipment needed and plus the low profits, this industry suffers from elevated exit barriers. This industry is in a very competitive environment and the main competitors are very large in terms of product distribution, advantages and brand name identification. The competition is quite severe inside this industry and the providers of principal efforts are centered on reducing cost in order to propose the lowest priced service. The long-distance telecommunications market is changing and companies will be opento further competition. [...]
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