Can anyone list me the Effects of Globalisation on Telecommunication Industry?

Question

In Particular Mobile Phones Industry.

Answer 1

Business is easier to do using mobile phones - especially in rural and poor countries. People who normally communicated only via talking, newspapers or letters can talk and do business easier with phones.

Mobile phones are much more popular in rural and poor markets because it costs about 20% to build a mobile phone network vs. the expense of a land-line phone company (running poles, wores etc is expensive). Most African, Asian and poorer counties have many more mobile subs than land-line subscribers.

The positive benefits of telephones and especially mobile phones are incalcuable. Something like the effects of the internet or the automobile. In a survey of the greatest inventions of the 20th century - the cell phone was consistently on the top 3 of all the lists.

Answer 2

Globalization means goods and services can be traded among more suppliers and users. With that, the traffic of information will increase nonlinearly and so will the demand.

Telecom industry (fixed line) used to be a utility oriented industry with government guranteed profits due to the heavy investments in infrastructure and international carriers have to make agreement with each local telecom firm. With WTO and other agreements, telecom service from one country can go to another country. Some countries are more open than others and governments are usually involved to determine the schedule of removing monopoly. The positive effects include increase in competitition leads to savings for consumers and innovations in new services. Places where there are plenty of competition in terms of licenses find close to 100% of landline and mobile, very low fees, and more services as well as separating hardware from subscription you can buy your own handsets anywhere you want and no hassle. Hong Kong is the best example. Also, relaxed regulations usually put high pressure on the dominant player to lease its infrastructure to others so newcomers can compete without having to invest and maintain infrastructure. The dominant player usually becomes the common target and they have a tough time trying to shed weight and compete on cost.

The perceived negative effects include workforce reduction of the local telecom (which usually is not very efficient by nature), decrease in consumer protection as a result of aggressive marketing,

Answer 3

Indian businesses have grown to Multi-nationals. Take-overs of metal vegetation through Mr. LV Mittal crew, Tetly through Tata crew, prescribed drugs through Dr. Reddy's etc. etc. are using Globalisation. yet many small scale Industries have close down using contest. both solid and undesirable. nonetheless time is there to judge the impression.

Answer 4

Greater broadband data will allow users to exploit and make use of applications using handheld devices. Media broadcasting to handheld devices, Location based services will be used globally. These coupled with your profiles will ensure you have access to information and services seamlessly anywhere in the world.

Answer 5

Global Telecoms are enjoying growth. It is fun to connect everywhere. Web sites are propping up everywhere.

RelCom, Verizon and AT&T are good buys right now. MTNL is a good trade.

Good luck.

KKP