Global Telecommunication Industry Update - 2013

Global Telecommunication Industry Update - 2013

In early January 2012 market research Firm Insight Research Corp. predicted that global telecommunication industry would reach $2.1 trillion by the end of the year. Now Ovum, a UK based market research firm has claimed that total global telecom operator revenue has already exceeded $2tn in 2012, in a recently published report. Despite of global economic slowdown the telecom industry has shown resilience. 2012 were a mix bag for industry but yearend results promised high hopes for year 2013. At one end developed world due to Global slowdown are under debt and on other end BRIC and other emerging countries recorded healthy growth. More or less future of global telecommunication industry will be decided by three factors namely -

  1. Government policies
  2. Emerging Technologies
  3. And last but not the least, end user perspective towards technology and policies.

The Recent updates on Telecommunication Industry in 2013

 

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Sudeep Chakravarty

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