Analysis of the Indian telecom industry

Analysis of the Indian telecom industry THE Indian Telecom industry is one of the fastest growing in the world with an average of 18 million subscribers added every month. The launch of newer services and the introduction of smart phones in the last few years. Contrary to other industries,the Indian Telecom industry has shows no signs of recession and has created job opportunities like never before. The total wireless subscriber base was 670.60 million and the broadband subscriber base reached 10.08 million by the end of August 2010(growing at 3 percent every month) .Teledensity has reached 128 percent in the urban markets and 26 percent in the rural markets ,which shows a rapidly increasing trend .Indeed ,telecom is helping to unite India to next level. However ,India ,with the second largest population in the world ,has just 6 percent of its cities are connected via Internet so far. Although, India has seen a telecom revolution in the last two decades in terms of technology and connectivity, much still needs to be achie ved to provide infrastructure connectivity in rural areas..Approximately 72.2 percent of the population of India lives in about 638,000 villages..Around 41.8 percent of the total rural population survives on a meager Rs.447 monthly per-capita consumption expenditure. History of Telecommunication Industry The history of telecommunication industry started with the first public demonstration of Morse’s electric telegraph, Baltimore to Washington in 1844. In 1876 Alexander Graham Bell filed his patent application and the first telephone patent was issued to him on 7th of March. In 1913, telegraph was popular way of communication. AT&T commits to dispose its telegraph stocks and agreed to provide long distance connection to independence telephone system. In 1956, the final judgment limited the Bell System to Common Carrier Communications and Government projects but preserving the long-standing relationships between the manufacturing, researches and operating arms of the Bell Syste m. In this judgment AT&T retained bell laboratories and Western Electric Company. This final judgment brought to a close the justice departments seven -year-old antitrust suit against AT&T and Western Electric which sought separation of the Bell Systems Manufacturing from its operating and research functions. AT&T was still controlling the telecommunication industry. OBJECTIVE OF THE STUDY . RESEARCH DESIGN The research design is Descriptive studies. Descriptive studies are well structured, they tend to be rigid and its approach cannot be changed every now and then. SOURCES OF DATA COLLECTION Sources of secondary data were primarily the Internet , journals , newspaper, annual report. Global Scenario World telecom industry is an uprising industry, proceeding towards a goal of achieving two third of the world’s telecom connections. Over the past few years information and communications technology has changed in a dramatic manner and as a result of that world telecom industry is going to be a booming industry. Substantial economic growth and mounting population enable the rapid growth of this industry. The world telecommunications market is expected to rise at an 11 percent compound annual growth rate at the end of year 2011. The leading telecom companies like AT&T, Vodafone, Verizon, SBC Communications, Bell South, Qwest Communications are trying to take the advantage of this growth. These companies are working on telecommunication fields like broadband technologies, EDGE(Enhanced Data rates for Global Evolution) technologies, LAN-WAN inter networking, optical networking, voice over Internet protocol, wireless data service etc.