The telecommunication (telecom) sector consists of companies that transmit data in words, voice, audio or video across the globe.
Telecommunications is a broad term that includes a wide range of information transmitting technologies such as telephones (wired and wireless), microwave communications, fiber optics, satellites, radio and television broadcasting and the internet.
The simplest form of telecommunications takes place between two stations, but it is common for multiple transmitting and receiving stations to exchange data among themselves. Such an arrangement is called a telecommunications network. The internet is the largest example of a telecommunications network.
Telecommunications systems are generally run by telecommunications service providers, also known as communications service providers. These providers historically offered telephone and related services and now offer a variety of internet and WAN services, as well as metropolitan area network and global services.
Within the large umbrella of companies that provide different types of telecommunications services are internet service providers, wireless service providers, radio and television broadcasters, cable companies, satellite television providers and managed service providers.
The state of the telecom industry today is one of rapid change and competitive adjustments due to advances in technology, especially 5G now and 6G on the horizon. Consumers are choosing among a wide array of new internet-based and wireless communications services.
Legacy regulatory structures are also adapting to the new competitive dynamic while investment drives broadband deployment, adoption and innovation.
A light-touch regulatory policy environment, and targeted government financial support for broadband has encouraged more than $1.7 trillion in investment since 1996. The result has been near-nationwide broadband deployment, widespread adoption of innovative services, and significant progress in narrowing the digital divide.
Want to learn more? Tonex offers Telecom Training for Non-Engineers Workshop, a 2-day course that provides an introduction to the landscape and fundamental technologies of the telecommunications marketplace.
Designed with the non-technical professional in mind, telecom training for non-engineers course provides day-to-day examples of the intricacies and competitive landscape of the industry.
For more information, questions, comments, contact us.