Telecommunications, broadband and internet industry Essay

Telecommunications, broadband and internet industry - Essay ExampleThe world(prenominal) call minutes atomic number 18 around 70 % and the consumers use prepaid calling cards for reservation international calls. However, the rate has considerably fallen d birth due to the introduction of VoIP based calling cards. Likewise, they argon of low cost and the majority of the population in Bahrain is expatriates (Research, 2011). Moreover, in 2008 -2009, Wimax was launched by two different overhaul providers and in the mid 2009, Wimax demonstrated a 30% share in the broadband services firmament (Research, 2011). The telecommunication industry is continuously evolving due to up gradation of next generation networks. Moreover, the industry has its own significance in the context of human communication regardless of time, location and environmental factors, however, call range may vary due to roaming services. Apart from advances in human communication, the industry has contributed to pr ovide a bearer of digital transmission, for providing internet to the people. The telecommunication and Internet industry in Bahrain has emerged as one of the fasting suppuration market. As per the telecommunication regulatory authority (TRA), a report was published indicating the rapid increase in revenue by 74% in between 2003 2006. Likewise, the industry contributed $194 meg in 2003, as compared to $342 Million in 2006. Both these figures demonstrates considerable rise in revenue by 28%. Moreover, the working disembowel also increased to 2,322 from the total number of employees in 2003 i.e. 1,808 (Telecommunications market in bahrain one of the fastest growing.2007). The figures are from the first quarter of 2006. Moreover, the report also concluded an internet connection in almost one-half of the houses as compared to the two third percentages of fixed landline users. Furthermore, director of the telecommunication regulatory authority (TRA) praised the warring marketing s trategy of the establishment that resulted in a rise of the growth rate for the telecommunication and Internet markets (Telecommunications market in bahrain one of the fastest growing.2007). Economic Trends The telecommunication sector in Bahrain has provided less luck to the foreign companies who wish to launch telecommunication providers. However, regional companies are welcomed whole-heartedly. The reason behind this strategy is the monopoly that has touch the telecommunication sector by party public owned operators knows as Bahrain telecommunication company (Batelco). The government has shows less efforts to modify the strategy in cast to make competitors in the market. However, opportunities for foreigners are in basis of tenders of an investment program launched by Batelco (Noticiasdot.com ). Moreover, development of telecommunication infrastructure is up to the mark in maliciousness of a non-competitive environment. This is mainly because the enlightened policy of modern ization and diversification of Batelco is facilitated by its close resemblance with a strategic partner, named as Cable and Wireless, sharing a 20% stake in the company (Noticiasdot.com). The anteriority is given to the implementation of a latest hardware equipped network that is compatible with wireless networks, luxuriously tech multimedia, and data services. These high tech services play an important role for the country as Bahrain is considered as a financial and regional hub. The government has shows some positive factors for the foreign investors in order to make a competitive enviro