3. INTRODUCTION
● Is the exchange of information over significant distances by electronic
means and refers to all types of voice, data and video transmission.
● This is a broad term that includes a wide range of information
transmitting technologies
○ Telephones (wired and wireless),
○ Microwave communications,
○ Fiber optics,
○ Satellites,
○ Radio and Television Broadcasting,
○ Internet and Telegraphs.
4. ● The internet is the largest example of
a telecommunications network.
● Analysts foresee that product
innovation and an increase in
mergers and acquisitions will only
facilitate the continued growth and
success of the telecommunications
industry.
5. ● To cater to the rising
demand, Telecom
Sector Skill Council
(TSSC) and Bharat
Broadband Nigam
Limited (BBNL) had
inked a pact for skill
development in the
telecom sector in
2014.
7. LAW OF DEMAND
● All else being constant as the price
of a product increases, the quantity
demand of a product decreases and
vice-versa.
8. PRICE
● Few years back the line, the cost of various operators was high, hence
demand was low. Once the price came down the demand for telecom
has substantially increased.
● Rs. 750 for 2 GB, validity 30 days (2010)
● Rs. 249 for 56 GB, validity 28 days(2019)
9.
10. PRICE ELASTICITY OF DEMAND
● Measures the responsiveness of the quantity demanded to a change in
price
17. NUMBER OF CONSUMERS
● India is world’s largest in terms of telecom network with a subscriber
base of over 119.1 crore.
● As of December, 2018, rural teledensity had reached 58.8% and 44.6% of
the total wireless subscribers were from rural market.
● Mobile penetration: Unique mobile subscribers to the total population is
expected to reach around 63% in 2025.
● The telecom sector has a strong demand and is likely to have an
economic value of $217 billion by 2020.
20. LAW OF SUPPLY
● All other factors being constant, as the
price of a good or service increases, the
quantity of goods or services that
suppliers offer will increase, and vice
versa.
21. PRICE
● Lower price = low profit
● High price = high profit
● Jio data rate VS Airtel data rate
● Netflix special rate card for india
22.
23. CHANGE IN INPUT PRICE
● Most are one time investment
○ Require maintenance
○ Change with change in
technology
■ moore's law
24. CHANGE IN TECHNOLOGY
● New technology -
○ Decreases in supply of old technology
○ Increase in supply of new technology
● Increases productivity -
○ Increase in demand = increase in supply
25. GOVERNMENT POLICY
● The growing adoption of telecom services has raised the demand for
skilled workforce. Telecommunication and technology has created a
wide area of employment opportunities with frequent launch of new
technologies, products and services.
● The Government’s project
○ Digital India
○ National Optic Fibre Network
○ Smart Cities
