Development of telecommunication sector benefits

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Development of telecommunication sector benefits

Noted below are some of the key areas of impact: Telecommunications provides a technological foundation for societal communications. Communication plays a central role in the fundamental operations of a society—from business to government to families.

In fact, communication among people is the essence of what distinguishes an organization, community, or society from a collection of individuals. Communication—from Web browsing to cell phone calling to instant messaging—has become increasingly integrated into how we work, play, and live.

Telecommunications enables participation and development. Telecommunications plays an increasingly vital role in enabling the participation and development of people in communities and nations disadvantaged by geography, whether in rural areas in the United States or in developing nations in the global society and economy.

Telecommunications provides vital infrastructure for national security. From natural disaster recovery, to homeland security, to communication of vital intelligence, to continued military superiority, telecommunications plays a pivotal role. When the issue is countering an adversary, it is essential not only to preserve telecommunications capability, but also to have a superior capability.

There are potential risks associated with a reliance on overseas sources for innovation, technologies, applications, and services. It is difficult to predict the future impact of telecommunications technologies, services, and applications that have not yet been invented.

Telecommunications and the U. Economy The telecommunications industry is a major direct contributor to U.

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Census Bureau estimates that just over 3 percent of the U. At 3 percent, telecommunications thus represented more than a third of the total fraction of GDI spent on information technology IT; 7.

In fact, the fraction attributable to telecommunications is probably larger relative to that of IT than these figures suggest, given that much of the GDI from IT hardware particularly semiconductors could apply to any of several industries computing, telecommunications, media, and electronics, for example.

The National Academies Press.

Telecommunications Industry Outlook | Deloitte US

Telecommunications is a growth business. Although markedly reduced investment in some parts of the sector following the bubble years of the late s may have given an impression of low growth in the long run, a longer-term view taking into account the need for humans and machines to communicate suggests that telecommunications will continue to grow apace, as evidenced by the ongoing expansion of wireless and broadband access services throughout the world.

The Business Commission draws upon the expertise of global private sector and civil society leaders to investigate, articulate and amplify the business case for sustainable development. Telecommunications is also a key enabler of productivity across the U.S. economy and society. 6 Not only is telecommunications an industry in itself, but it also benefits nearly every other industry. In the s the U.S. GDP grew rapidly, and the U.S. economy was among the strongest in the world. In the Australian Government established an independent panel to undertake a review on the future direction of Australia's aid program.

Telecommunications is also a key enabler of productivity across the U. In the s the U. GDP grew rapidly, and the U. It is widely believed that the Internet economy played a significant role in this success. For the United States to compete in the global marketplace—across industries—it needs the productivity that comes from enhancements in telecommunications.

If the telecommunications infrastructure in the United States were to fall significantly behind that of the rest of the world, the global competitiveness of all other U. Conversely, the growth in U.

Development of telecommunication sector benefits

Telecommunications has been and likely will continue to be an important foundation for innovative new industries arising in the United States that use telecommunications as a primary technological enabler and foundation.

Recent examples of innovative new businesses leveraging telecommunications include Yahoo!

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Telecom- 4 GDI estimates for from U. Jorgenson and Kevin J. Page 10 Share Cite Suggested Citation: Finally, telecommunications is an important component of the broader IT industry, which is sometimes viewed as having three technology legs: The boundaries between these areas are not very distinct, but this decomposition helps illustrate the breadth of IT and the role that telecommunications plays.

Increasingly IT systems must incorporate all three elements to different degrees, 8 and it is increasingly common for companies in any sector of IT to offer products with a communications component, and often with a communications emphasis. Increasing numbers of businesses compete globally.

Every company and every industry must assess the segments and niches in which it operates to remain globally competitive. Both Asian and European nations are continuing to pursue strategies that exploit perceived U. Leapfrogging the United States in telecommunications has, in the opinion of the committee, been an explicit and stated strategy for a number of Asian in broadband and wireless and European in wireless nations for the past decade, with notable success.The High-level Political Forum on Sustainable Development is the central UN platform for the follow-up and review of the Agenda for Sustainable Development adopted at the United Nations Sustainable Development Summit on 25 September Asian Development Bank's organizational structure, departments, country offices, and Management and senior staff, with emails.

Overview. In , when the World Bank started to support the development of the information and communications technology (ICT) sector in rural Mongolia, less than 30% of the soum (district) center villages had reliable telecommunications, even though one-third of Mongolia’s population live in such small centers.

Development of telecommunication sector benefits

The transformational impact of broadband on people’s lives and global economies is no longer questionable; the remaining challenge is to extend these obvious benefits to the majority of global citizens and allow them to unleash their creative. The Business Commission draws upon the expertise of global private sector and civil society leaders to investigate, articulate and amplify the business case for sustainable development.

Development in the telecommunication sector helps in increasing the productivity of various industries and at the same time helps to attract further business activity by reducing transportation costs and improving the accessibility of market.

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