The Telecommunications Industry

Paper Summary:

The paper discusses how the telecommunications business industry has emerged in recent years as the fastest growing industry of the 21st century. The paper examines different leaders in the telecommunications industry from a business standpoint, including phone, satellite radio, television and Internet companies. The paper also examines the telecommunications industry as a whole using Michael Porter's five forces model. The paper shows how the intensity of rivalry between competitors in the telecommunications industry is at an all-time high. The paper discusses how a company's success largely depends on its business plan, revenue models, core competencies and competitive advantage.

From the Paper:

"Three of the most popular phone companies are Verizon, AT&T, and T-Mobile, and their business models are similar. For example, Verizon has built its business on a simple, powerful premise; the more people connected to a network, the more valuable the network is to those who use it (Verizon 2006, at pp.1). T-Mobile has focused on servicing the customer, and ranks higher than the industry average on customer service. All three phone companies offer phones that feature a host of applications that offer simple solutions for organizing hectic work and personal life schedules. The new AT&T is the largest telecommunication company in the United States and one of the largest in the world (AT&T 2006, at pp.1)."

Sample of Sources Used:

• America Online. "Aol.com." AOL. 2005. America Online. 22 Mar. 2006 < http://www.corp.aol.com/ >.
• MarketWatch.com Inc. "Intraday Data." 2002. Viacom. 19 Mar. 2006 < http://www.viacom.com/stock.jhtml >.
• Silverstein, S. "Satellite Radio: Business is Booming." Business Technology. 2003. Business Technology. 21 Mar. 2005. <. http://www.space.com/businesstechnology/technology/satcomradio_radio_industry_031112.html > .
• Stiglitz, J. 2002, Globalization and its Discontents. New York: W.W. Norton & Company.
• Viacom International Inc. "The Company."2005. Viacom.com. 19 Mar. 2006 < http://www.viacom.com/company_overview.jhtml >.

More papers on The Telecommunications Industry:

• Research Paper # 25723 : "The Telecommunications Industry in Argentina"
• Comparison Essay # 8790 : "Ethics within the Telecommunications Industry"
• Research Paper # 9274 : "The Deregulation of the Telecommunications Industry"

APA Citation:

MLA Citation: