Please tell me about Telecom revolution?
Liberalisation of Indian telecommunication in industry started in 1981 when Prime Minister Indira Gandhi signed contracts with Alcatel CIT of France to merge with the state owned Telecom Company (ITI), in an effort to set up 5,000,000 lines per year. But soon the policy was let down because of political opposition.☺️☺️☺️☺️
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 ...Telecommunication Products. ... Television and radios are also very popular telecommunication products. They are usually used to broadcast information. Traditional television and radios make use of analog signals. However, with the progress of digital technology, digital television and radios have been introduced.😚😘😊☺️😊😍😍😍😋😍
IMPACT OF TELECOM REVOLUTION
Telecom revolution has enabled many persons to get jobs. ... The telecom revolution has earned the government a lot of revenue. A number of multinational organizations started their operations in India. Unfortunately the import of many hardware appliances, gadgets has created a large gap in imports and exports
Please tell me about Telecom revolution?
India has been experiencing a phenomenal growth in the telecom industry with cheapest 4G rates. Especially with the launch of Reliance Jio and Idea internet, quite a lot of rural areas are learning how to access internet. It was the chairman of Reliance Inc., Mukesh Ambani who had inaugurated the Reliance Jio Sim card. In the all new Reliance Jio, one gets a package of complete internet, roaming calls and outgoing calls absolutely free. You would be getting the offer for three whole months. Mukesh Ambani has also proposed a 12 month scheme for Jio-SIM users. However it is still in the pipeline.
We are going to have a look at some of the salient features pertaining to the revamped telecom industry.
Impact on the stock markets
With newer schemes introduced by telecom companies like Reliance, the other telecom stocks are losing out especially in the equities market. With the launch of the Jio scheme, other telecom companies like #1 Market Leader Bharti Airtel, third ranked Idea cellular and Reliance Communications fell by 6.4 %, 10.5 % and 8.8 % respectively, at the Bombay Stock Exchange or BSE. The launch of the new scheme therefore wiped out 13,000 crores worth investor wealth off the markets, while Mr. Mukesh Ambani marched forward with his all new Jio scheme. There is a potential threat on the aforesaid companies, that they either have to innovate their existing cell phone schemes matching the Jio else lose out to competition.
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