What was the contributions of telicom revolution
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Answer:
A revolution in wireless communication began in the first decade of the 20th century with the pioneering developments in radio communications by Guglielmo Marconi, who won the Nobel Prize in Physics in 1909, and other notable pioneering inventors and developers in the field of electrical and electronic ...
Answer:
According to research firm International Data Corporation (IDC), the total mobile services market revenue in India is expected to touch USD 37 billion by 2017. India is presently the second-largest telecommunication market in the world, and ranks third among the number of internet users. The ongoing wave of digital transformation is impacting the telecom sector both directly and indirectly. It is not merely connecting people, but also providing a robust platform for budding innovations in other sectors to flourish.
Here are some key events and factors that are ensuring not just a booming telecom market, but also a vibrant digital revolution that ensures that the customer wins hands down.
Telecom and retail unite
Favourable government policies, 4G services hitting the market, and the deregulation of FDI norms is helping telecom sector grow by leaps and bounds. Moreover, with the launch of Reliance Jio, the sale of 4G VoLTE compatible smart phones have correspondingly gone up. International Data Corporation (IDC) predicts India to overtake US as the second-largest smartphone market globally by 2017. To make up for their lost customers due to Reliance Jio and to attract new ones, the soon to be merged entity operators Idea Cellular and Vodafone India have partnered with India’s leading e-commerce sites Flipkart and Amazon respectively. When prospective 4G smartphone buyers visit these ecommerce sites for attractive offers, they are also offered bundling schemes by these service providers. Thus, all three entities, and the customer, gains.
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