Exactly how technology has altered international telecom markets

The developments in mobile technology have drastically altered the telecom industry, but the sector has made the most of it.

The growth in demand in telecoms means providers have had to enhance their telecom IT infrastructure in an effort to manage the increased pressure. To do this there have been increases in phone masts, and much more effective systems implemented. With the Telecom Italia board approving a division which runs 11,5oo wireless towers, it reveals the size and scale of the task at hand for any telecom phone company. By raising the amount of wireless towers, suppliers improve their services and as a result will draw in even greater amounts, thereby increasing their market share. As market share expands, telecom firms can develop their services as a result of increased revenue. This development has been feasible attributable to firms embracing and leading the changes in technology, instead of getting left behind. By focusing considerable funds on research and development, specifically in mobile systems rather than wired, communication businesses have met the needs of their consumers.

The nature of mobile network companies means the greater a company’s span, the better, as clients will enjoy improved coverage over a larger area. Due to this factor, regions or countries have just a few suppliers so they can provide good service for their clients; if there are too many suppliers it will become diluted and service quality may drop. In order to provide the best possible service, providers have telecom websites, therefore clients have an extra point of contact with their supplier. Further embracing of considerable changes to technology has enabled the development and further advancement of telecom services. An extra advantage of the advancement in services and technology for comms businesses, is the numerous telecom jobs created. The types of jobs created by telecoms are varied, so both specialist and inexperienced workers could find employment at a telecom company. A single telecom firm can employ a vast number of individuals, withVerizon Communications' board of directors having some 140,000 individuals under their

Telecommunications have changed substantially through the 21st century with the introduction of wireless connections. The increasing simplicity with which people can get a hold of each other, via text, video call or on mobiles, means telecom phone service companies have had to adjust to the evolving marketplace. By welcoming the changes in telecom communications, BT board members have repositioned the company in the direction of change, instead of focusing on older methods, as they earlier focused on landline services. Through the introduction of wireless communications, most individuals today have at least one mobile, and many have a landline too. The increase in equipment and their use will obviously increase the revenue businesses receive. By 2016 approximately 62% of the world’s population owned a mobile phone, so it is distinctly a hugely profitable market, which also explains why there has been an increase in telecom companies.

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