[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
1) The attraction of the call center industry to locate in India can best be explained by
The future of the telecommunication industry is an exciting future. No longer can these companies depend on telephone service plans to maintain profit. Each company needs to find other avenues, packages and services that can be sold to existing customers while attracting new customers. The companies
Changing technology may affect the demand for a firm’s products and services but on the other hand due to technology businesses can have systems that provides faster services like the retail businesses have systems that does stock control, cash and customer service.
The telecommunications industry has steadily rebound since 2009; this is because of the growth of not only the mobile and broadband structures, but also the increase of the video market. In Figure 1, the projected outcome is indicates a steady increase in the new 4G mobile broadband networks which will fuel continued wireless growth. “Business customers in particular will continue to use this technology to expand their capabilities beyond the desktop computer. Emerging markets such as China, India and Latin America are expected to see strong growth,” (Verizon, 2011).
Initial observations of the Roman Pantheon from the front appear to be similar to the ruins of the Greek Parthenon, but really both structures are somewhat unique in their composition, purpose, design, and fate. Constructed over half of a millennium after the Parthenon was built, the Pantheon, built in 27 B.C., exhibits some of the architectural styles and characteristics of its predecessor. However, the Romans refined Greek building techniques, thereby developing a unique and more advanced architectural style.
The business case presented focuses on insatiable demand amongst a growing population for a service built on dilapidated, poorly maintained infrastructure, against a backdrop of government deregulation in the telecoms sector. As of 1992, there were a mere 78k telephone lines for the 27m people living in 4.7m households (a population set to double over the coming 24 years), with users suffering success rates of just 25%. Demand was forecast to grow to 500k subscribers by 1996. The recent deregulation of the telecoms sector (via the break-up of TPTC into TPC and TTCL) and the formation of a regulator (TCC) had
Globalisation has also been a resulting factor for the dramatic increase in technology. Bangalore, in the Silicon Valley of India is experiencing a remarkable IT boom, that is transforming the prospects of India’s economy. The internet is the fastest growing tool of communications. It took just 4 years for the internet to reach 50 million years, in contrast to the
Industry’s potential for profitability is high, markets are large and expanding, their sales are already high etc.
Overview of Industry The telecom industry is a major epicenter of growth, innovation, and disruption for virtually any industry. Mobile devices and related broadband connectivity continue to be more and more embedded in the fabric of society today and they are key in driving the momentum around some key trends such as video streaming, Internet of Things (IoT), and mobile payments. (Deloitte US) A mobile service provider (MSP) is a company that offers transmission services to users of wireless devices through radio frequency (RF) signals rather than through end-to-end wire communication.
The dominant economic traits of this industry start with having an enormous amount of capital required for staying competitive. One is also required to spend lots of money on research and development, as the telecommunications industry seems to be the vision of the future. More and more companies like AT&T are trying very hard to combine their network services of phone line, video and data transfer, high speed internet access, and television cable via one line in the consumers homes. With a successful combination of the above stated services AT&T is hoping to be the industry leader in the near future.
For a long time, obesity has been one of the notable health concerns that America has struggled with during the last five decades .Obesity as a health concern is not limited to America alone, it is a serious concern among other affluent societies like European countries. A considerable number of Americans spend a significant amount of money trying to lose weight. Obesity become an important focus in the news items during the year 2002.According to research findings, the rate of obesity among the American was at an average of 12% in 1990 and this rate was at 23% in the year 2005(Menifield, Doty and Fletcher 83-8).
India is one country which is developing rapidly at the moment along with China (Lal and Clement, 2005). The political, economic, social, cultural, technological and legal climate in India is extremely suitable for international entrepreneurs since business prospects in a country are heavily dependent on the above mentioned parameters. Since India is the second most heavily populated country in the world, British telecommunication company, Vodafone has enormous business opportunities in India. Mobile phone usage in India is increasing rapidly in recent times (Press Information Bureau: Government of India, 2010). A substantial portion of Indian
Carte, Penny and Fox, Chris, (2004), Bridging the Culture Gap: A Practical Guide to International Business Communication, Library of Congress Cataloging-in-Publication Data, Retrieved November 17, 2006 from: http://www.amazon.com/gp/reader/0749441704/ref=sib_dp_top_toc/002-9731822-8892040?%5Fencoding=UTF8&p=S009#reader-page
Tata Communications is a global company with its roots in the emerging markets. Headquartered in Mumbai and Singapore, it has more than 8,000 employees across 38 countries. The $3.2 billion company is listed on the Bombay Stock Exchange and the National Stock Exchange of India and is the flagship telecoms arm of the $103.3 billion Tata Group.
Heavy competition in the market is faced with reduced prices and profit margins affecting the whole industry. There has been an increase in level of income, better and increased job opportunities to the workforce in emerging markets. This is good for the industry with increased demand, but it is a disadvantage when skilled workers