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Telecom companies face increasingly tough times as digitization reshapes the industry landscape. According to the McKinsey Global Institute, only 20% of surveyed companies (including telecom companies) said they had adopted at least one AI technology at scale in their business. Five Reasons to Work in Telecom 1. The telecommunications industry is made up of all telephone and internet service providers, which play a big role in improving our mobile communication. Between FY 07-16* India's telephone subscriber base expanded at a Compound Annual Growth Rate (CAGR) of 19.5 per cent to 1,022.61 million and teledensity to 80.98 (ref. The telecommunications industry is made up of all telephone and internet service providers, which play a big role in improving our mobile communication. RPA offers high levels of … People employed in jobs in Information and Communications Technology (ICT) work across all industries, so it is difficult to capture total employment by industry. There are more reasons, and as we mentioned earlier, the best reason is the one you can derive from within. As mentioned, products and pricing in telecommunication industry is identical across all players, therefore proving quality services is the key to success. 2019 will present several opportunities for providers to bolster current revenue sourcesor to create entirely new revenue streams. Individuals graduating with online degrees in communication tend to find work in various telecommunications companies, internet service providers and telecommunications equipment manufacturing firms. To what extent are U.S. consumers likely to benefit directly from telecommunications research in terms of new products and services that enhance their … The U.S. government regulates the telecommunications industry, including radios, telephones, TV and the Internet. Further information on people employed in Information and Communications Technology by occupation can be found in the individual sector pages. Telecommunications is a key element in allowing employees to collaborate easily from wherever they are located, remote or local. For reprint rights: Syndications Today. Total telecommunications industry revenues in Spain 2000-2019 Mexico: telecommunications revenue 2014-2020 KT Corporation's sales revenue in South Korea 2014-2019 The telecommunications industry has undergone dramatic shifts in its evolution. Telecommunication has a significant social, cultural and economic impact on modern society. Telecommunication (from Latin communicatio, referring to the social process of information exchange, and the Greek prefix tele-, meaning distance) is the transmission of information by various types of technologies over wire, radio, optical or other electromagnetic systems. These highly trained individuals are employed by global telecommunications sector firms, and earn handsome salaries in return for their services. Why are so few women working in technology? Types of Jobs in Telecommunications. The global trend of outsourcing in telecommunication industry demonstrates the reduction in overall costs and a need to be more competitive in the international market. OK, but it’d be pretty hard right? In 1996, Congress responded by passing the Telecommunications Act of 1996. In the mobile industry … It is expected that pioneering players in the telecommunications industry will enable 5G in-between 2018 and 2021. Human Resources Industry: Current prospects, recent changes and skill gap), [Series III] Advantages of vocational education and training, This growth attributes to the penetration of mobile phones and services as well as internet (broadband) connectivity and services, This growth pattern and rate is poised to continue during the next couple of decades because of growth in smart phone sales, 3G and 4G services and rural penetration of telecom services, Telecommunications happens to be an industry where technology changes very rapidly making obsolete the older technologies which cannot provide new and essential as well as lifestyle type services (e.g. Consequently, there has been an enormous rate of customer […] READ MORE >> They can reduce the amount they … Indian Telecommunications Industry Report (Size: 582.24 KB ) (September, 2020) Introduction Currently, India is the world’s second-largest telecommunications market with a subscriber base of 1.16 billion and has registered strong growth in the last decade. Operating and maintaining telecommunications infrastructure and services is a mammoth task, that requires significant expenditure. Maybe you can channel your passions through a career in telecom. Levies and charges. We could soon expect that Telcos would own the companies that are producing entertaining content, for example, popular TV shows, live sports games, etc. Industry research is an important part of planning for your business, it may help you identify: economic and industry trends; establish or improve your business; help you keep pace with your industry; The government source for statistics for the information media and telecommunications industry is the Australian Bureau of Statistics (ABS). Necessary cookies are absolutely essential for the website to function properly. It includes everything from voice calls, text messages, emails, pictures, and video streaming. The global trend of outsourcing in telecommunication industry demonstrates the reduction in overall costs and a need to be more competitive in the international market. ), Consequently, the demand for skilled resources in every segment of the telecom industry has been and will continue to be much higher than what the current education or skill development system can supply, The engineering and technician job roles require a 4-year degree in engineering or a polytechnic/ITI background with specific skills training, The sales and service jobs usually would require minimum of class 10 pass with specific skills training, Application and software development requirements may range from engineers to even drop outs with creative competence, Infrastructure segment profiles would hire even school drop outs with high degree of job specific skills, All job roles require a high level of soft skills, work place/environment orientation, work place safety and hygiene, adequate written and oral communication skills in a local language, knowledge of Hindi, and some proficiency in English, Skills gaps are being seen in India in soft skills and computer usage across all functional areas and job roles, Short term skill training in specific job roles is the way to meet the demand at any point in time, A BVoc degree and one or two-year diploma programmes in specific functional areas along with adequate soft skill training are long term solutions. , it professional or a rocket scientist, your work will rarely, if ever, be boring from., therefore proving quality services is the key to success the ability to well... 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