Drivers of the Telecommunication Industry

Autor: Fan Zhang, Pramode K. Verma
Rok vydání: 2020
Předmět:
Zdroj: The Economics of Telecommunication Services ISBN: 9783030338640
DOI: 10.1007/978-3-030-33865-7_2
Popis: Chapter 1 was devoted to understanding the impact of externality on telecommunication networks. In addition to externality, the fast evolving technology underlying the telecommunication space continues to shape telecommunication networking in fundamental ways at an incredible pace. This chapter focuses on the factors that set the telecommunications industry apart from other industries. We present technology as a prime driver of the telecommunications industry. Our rationale is based on the fact that reducing costs of telecommunication technology while enhancing its functionality and performance will continue to expand the breadth and depth of telecommunication applications. Furthermore, telecommunication network-based services can displace other commodities and services enhancing demand for such services and applications on a continuing basis in the foreseeable future.
Databáze: OpenAIRE