CHAPTER 1
INTRODUCTION
1.1 Introduction
The global telecommunications industry is an up-and-coming industry, pursuing its goal of reaching two-thirds of global telecom links. In recent years, information and communications technologies have changed dramatically and, as a result, the global telecommunications industry will be a thriving industry. Substantial economic growth and a growing population allow the rapid growth of this industry. The global telecommunications market is expected to grow at a compound annual growth rate of 11% by the end of 2010. The main telecommunications companies such as AT & T, Vodafone, Verizon, SBC Communications, Bell South and Qwest Communications are trying to Profit from this growth. These companies
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The US telephone service was provided by a regulated monopoly, American Telephone and Telegraph (AT & T). The telegraph service was provided mainly by the Western Union Corporation. In almost all other countries, both services were the monopolies of government agencies known as PTT (Post, Telephone and Telegraph). In the United States, as of 1983, AT & T agreed in a court settlement to divest local operating companies that provided basic telephone service. They remained regulated local monopolies, grouped into eight regional companies. AT & T now offers a long distance service competing with half a dozen major competitors and many minor competitors while retaining ownership of a subsidiary that produces telephone equipment, computers and other electronic devices. During the same period, the national telephone company of Great Britain was sold to private investors, as was the NTT telephone monopoly of Japan. For telegraphy and data transmission, Western Union has been joined by other large companies, while many multinational companies have formed their own telecommunications services that link scattered offices around the world. New technologies have also resulted in continuous changes in telecommunications providers. Private companies such as Comsat in the United States have been organized to provide satellite communications links within the country. Throughout the world, we are …show more content…
From state monopoly state with very limited growth, it has increased at the level of an industry. Telephone, fixed or mobile, is an essential necessity for the people of India. This changing phase was possible with the economic development that followed the process of structuring the economy in the capitalist model. The elimination of restrictions on foreign capital investment and the granting of industrial licenses has led to a rapid growth of this sector. At present, the country's telecommunications industry has achieved a growth rate of 14 per cent. Until 2000, although cell phone companies were present, fixed fixes were popular in most parts of the country, with the Government of India setting up the Telecommunication Regulatory Authority of India , And measures to allow the new country players, to prominence. Today, the industry offers services such as fixed fixed, WLL, mobile GSM, CDMA and IP services to customers. Increased competition among actors has drastically reduced prices by making the mobile facility accessible to the urban middle class population, and to a large extent in rural areas. Even for small traders and factory workers a telephone connection is not an inaccessible luxury. The main players in the sector are BSNL, MTNL, Bharti Teleservices, Hutchison Essar, BPL, Tata, Idea, etc. With the growth of telecommunications services, telecom