Question

what are the business and economic domains of telecommunication

Answer 1

Telecommunication plays the important role in exchanging and transmission of information from one destination to another destination. It also acts as important economic indicator of the national progress towards step by step improvement in the economic development stages. Let us briefly explain the business and economic domains of telecommunications by the following points.

In the US nations, American Telephone and Telegraph (AT&T) manages the entire network. Before the advent of Internet and other online services, Using Telephone services for all offices, households and other government agencies are considered as the important telecommunication business provider. But due to many advancement and technologies towards the end of 19th century and 20th century, services included the modern techniques through providing services through online e-service, video conferencing, Web cam provider, Data sources connectivity through data card, e-commerce solution provider and other so many technically support features greatly expanded the business of Telecommunication.

Advanced Economic domains of Telecommunication are listed as follows: 1) Service of the Online-stream domain are maintained by IBM, BEA Application servers and RealNetwork communication companies. 2) Operating System communication domain services was maintained by the Microsoft companies. 3) Mobile communication domain service are provided by Nokia, Verizon Wireless, Ting, Sprint and AT&T companies, etc. 4) Input materials for the communication service industries are provided by Texas Instruments, Broadcom and STMicroelectronics, etc.