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Inidan Telecom Sector

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[pic] CORPORATE STRATEGY ASSIGNMENT -1 (Industry Type : Telecom Sector) Why Telecom Sector ? [pic] Telecom Sector is a service sector. Telecom services have been recognized as a very essential means for social as well as economical expansion for a nation and hence telecom sector is treated as a key factor to achieve the social as well as economic objectives in India. Revenue for the telecommunications sector is the revenue from the provision of services such as fixed-line, mobile, and data with various value added services. Indian telecom industry is the fast growing industry and has made it a major contributor to India’s economy and …show more content…

Reducing call rates will also be a threat for the sector, because this will reduce the revenue as well. So all the companies in the sector has to balance between opportunities and threats from the economic factors to survive successfully. Country’s Economic drown trend and up trend also a major economical factor affect the sector. At the time of recession investments in new technologies, costly telecom equipment etc will get reduce and also customers will give less importance for these additional requirement than basic needs. During this time company has to develop a business model to survive in the industry. Foreign Exchange rate is the political economic factors that affect the telecom sector. Recent slide of rupee and weak currency have a major impact on telecom select sectors. [pic] Social factors Social factors give importance to culture and growth rate of population, age division, changes in customer buying behaviour , changes in life style pattern etc. From the cultural point of view Indian peoples are more bonding in nature .They want them to connect frequently through some communication means. This is an major opportunity for telecom industry. Youngsters, college going students and business people are connected through various services like internet , message ,voice and video call etc. Now a days

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