It was almost 25 years ago that mobile phones came to the United Kingdom. And when they did, they were huge in size with very limited features. They were expensive fashionable tools used only by the elite class. It took sometime before the common man could get his/her hand on such a luxury. The huge progress since is thanks largely to a progressive, deregulated environment, and the work of some pioneers and evangelists who understood where mobile could take the country to. Believe it or not, but this country today boasts of more mobile phones than UK citizens; 63 million according to data collected in 2005.
The big handsets have given way to minute palm-size phones that have just about everything that a man could hope for. These phones are capable of amazing things. Playing music, checking email and playing games are standard practice. As technological advances bring about revolutionary features, the demand and crave for more has only heightened competition and opportunities. That’s right! With the growing demand for better products, companies are pressed to expand their operations and employ more people, improving the company’s and the country’s revenue.
As the technical capability of devices accelerates, so has the UK’s mobile landscape. It is still evolving incredibly fast. Five years or so ago, there were only a handful of significant companies operating outside the network operators’ world, but this has changed rapidly, and now there are hundreds. A survey conducted by O2 in conjunction with Real Business, identified more than 200 independent firms that were creating innovative mobile products and services for businesses and consumers. Of these, there were a list of 50 companies to watch, which accounted for nearly ?
1bn in revenues in the past year, a sign of the trend in mobile telecommunication in relation to mainstream telecom and internet technologies. The implications for UK businesses are vast, with most of the listed companies in some of the fastest-moving and most profitable markets, devising marketing strategies for the likes of Google, Disney, Coca-Cola, Ford, Cisco and Visa (Short, 2005). In order to understand the impact of telecommunication in the development of a nation’s economy, I would like to state the case of China, which till a decade ago was among the poorest of nations.
The Chinese telecommunication sector witnessed tremendous growth during the period 1997-2002, which was about 20%. This formed a very strong portion of the country’s GDP and is considered the strongest and fastest growing industry in the world. In such a prospective market, the major Chinese fixed-line and mobile business houses have invested approximately 25 billion American dollars on network infrastructure in the past year alone, considerably more than the whole of Western Europe put together. This goes to show the market potential in China and is amply illustrated by the 1.
3 billion fixed-line and mobile connections in operation there. Only one out of ten Chinese citizens had a phone five years ago. Today, this figure has more than multiplied and more than one out of three have a fixed telephone subscription and more than 1. 25 million cellular subscribers signing up every week. It is estimated that in another five years, this figure will jump vertically to reach a figure of 950 million fixed and mobile subscriptions, thrice the population of the United States (Uria-Recio, 2004).
Soruce: http://businessays.net
The big handsets have given way to minute palm-size phones that have just about everything that a man could hope for. These phones are capable of amazing things. Playing music, checking email and playing games are standard practice. As technological advances bring about revolutionary features, the demand and crave for more has only heightened competition and opportunities. That’s right! With the growing demand for better products, companies are pressed to expand their operations and employ more people, improving the company’s and the country’s revenue.
As the technical capability of devices accelerates, so has the UK’s mobile landscape. It is still evolving incredibly fast. Five years or so ago, there were only a handful of significant companies operating outside the network operators’ world, but this has changed rapidly, and now there are hundreds. A survey conducted by O2 in conjunction with Real Business, identified more than 200 independent firms that were creating innovative mobile products and services for businesses and consumers. Of these, there were a list of 50 companies to watch, which accounted for nearly ?
1bn in revenues in the past year, a sign of the trend in mobile telecommunication in relation to mainstream telecom and internet technologies. The implications for UK businesses are vast, with most of the listed companies in some of the fastest-moving and most profitable markets, devising marketing strategies for the likes of Google, Disney, Coca-Cola, Ford, Cisco and Visa (Short, 2005). In order to understand the impact of telecommunication in the development of a nation’s economy, I would like to state the case of China, which till a decade ago was among the poorest of nations.
The Chinese telecommunication sector witnessed tremendous growth during the period 1997-2002, which was about 20%. This formed a very strong portion of the country’s GDP and is considered the strongest and fastest growing industry in the world. In such a prospective market, the major Chinese fixed-line and mobile business houses have invested approximately 25 billion American dollars on network infrastructure in the past year alone, considerably more than the whole of Western Europe put together. This goes to show the market potential in China and is amply illustrated by the 1.
3 billion fixed-line and mobile connections in operation there. Only one out of ten Chinese citizens had a phone five years ago. Today, this figure has more than multiplied and more than one out of three have a fixed telephone subscription and more than 1. 25 million cellular subscribers signing up every week. It is estimated that in another five years, this figure will jump vertically to reach a figure of 950 million fixed and mobile subscriptions, thrice the population of the United States (Uria-Recio, 2004).
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