Introduction to the Telecommunications Industry

No other industry touches as many technology-related business sectors as telecommunications, which, by definition, encompasses not only the traditional areas of local and long-distance telephone service, but also advanced technology-based services including wireless communications, the internet, fiber-optics and satellites, as well as the software and hardware that enable these fields. Telecom is also deeply intertwined with the delivery of content and entertainment of all types. Cable TV systems, such as Comcast, have long been offering local telephone service and high-speed internet access. The relationship between the telecom and cable sectors has become even more complex as traditional telecommunications firms are selling television via the internet and competing directly against cable for consumers’ entertainment dollars.

Consequently, the various organizations that monitor the global telecommunications industry have their own ways of estimating total revenues, and their own thoughts on including, or not including, specific business sectors. Does “telecom” include equipment manufacturing and certain types of consulting? Or, should it be considered as services only, such as subscriber lines and data networks?

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Introduction to the Telecommunications Industry, Business and Industry Trends Analysis

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