Inidan Telecom Sector

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Submitted By ssuvetha
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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 progress. Telecom sector contributes approximately 3% to India’s GDP (with $39 billion annual revenue). Along with IT sector telecom sector act as a catalyst for the economic and social growth of the country across all other sectors.

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Direct benefits from the Telecom Industry are major contribution to GDP, Revenues for Government and increase in employment opportunity.

Indirect benefits are reduction in transaction cost, improves access to social networks, provides more information about various services like educational , health care etc, reduction in business lead and response time, increases productivity of business through voice and data services (for example e-business: telecommunications networks will support the e-business operations within the enterprise, and with their customers, suppliers, and other business partners) also support the internal business operations, management, and strategic decisions of companies.

Macro Environment Factors of Telecom Sector:

Macro environment analysis is used to assess the external factors that affect a company or a sector. Analysis of macro environmental factors have…...

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