Analysis of the Indian telecom industry

Analysis of the Indian telecom industry THE Indian Telecom industry is one of the fastest growing in the world with an average of 18 million subscribers added every month. The launch of newer services and the introduction of smart phones in the last few years. Contrary to other industries,the Indian Telecom industry has shows no signs of recession and has created job opportunities like never before. The total wireless subscriber base was 670.60 million and the broadband subscriber base reached 10.08 million by the end of August 2010(growing at 3 percent every month) .Teledensity has reached 128 percent in the urban markets and 26 percent in the rural markets ,which shows a rapidly increasing trend .Indeed ,telecom is helping to unite India to next level. However ,India ,with the second largest population in the world ,has just 6 percent of its cities are connected via Internet so far. Although, India has seen a telecom revolution in the last two decades in terms of technology and connectivity, much still needs to be achie ved to provide infrastructure connectivity in rural areas..Approximately 72.2 percent of the population of India lives in about 638,000 villages..Around 41.8 percent of the total rural population survives on a meager Rs.447 monthly per-capita consumption expenditure. History of Telecommunication Industry The history of telecommunication industry started with the first public demonstration of Morse’s electric telegraph, Baltimore to Washington in 1844. In 1876 Alexander Graham Bell filed his patent application and the first telephone patent was issued to him on 7th of March. In 1913, telegraph was popular way of communication. AT&T commits to dispose its telegraph stocks and agreed to provide long distance connection to independence telephone system. In 1956, the final judgment limited the Bell System to Common Carrier Communications and Government projects but preserving the long-standing relationships between the manufacturing, researches and operating arms of the Bell Syste m. In this judgment AT&T retained bell laboratories and Western Electric Company. This final judgment brought to a close the justice departments seven -year-old antitrust suit against AT&T and Western Electric which sought separation of the Bell Systems Manufacturing from its operating and research functions. AT&T was still controlling the telecommunication industry. OBJECTIVE OF THE STUDY . RESEARCH DESIGN The research design is Descriptive studies. Descriptive studies are well structured, they tend to be rigid and its approach cannot be changed every now and then. SOURCES OF DATA COLLECTION Sources of secondary data were primarily the Internet , journals , newspaper, annual report. Global Scenario World telecom industry is an uprising industry, proceeding towards a goal of achieving two third of the world’s telecom connections. Over the past few years information and communications technology has changed in a dramatic manner and as a result of that world telecom industry is going to be a booming industry. Substantial economic growth and mounting population enable the rapid growth of this industry. The world telecommunications market is expected to rise at an 11 percent compound annual growth rate at the end of year 2011. The leading telecom companies like AT&T, Vodafone, Verizon, SBC Communications, Bell South, Qwest Communications are trying to take the advantage of this growth. These companies are working on telecommunication fields like broadband technologies, EDGE(Enhanced Data rates for Global Evolution) technologies, LAN-WAN inter networking, optical networking, voice over Internet protocol, wireless data service etc.

Approaches to the 'city' Essay Example | Topics and Well Written Essays - 2000 words

Approaches to the 'city' - Essay Example In one of the poems, cities are described as man’s tight hold on nature. The attitude of the poets reveals that in the eyes of architectural philosophers such as Constant Nieuwenhuys and Le Corbusier cities are a nuisance. To the above men, architecture has lost its way due to the confusion and the lack of uniformity, which has become the hallmark of modern cities. In Constant Nieuwenhuys and Le Corbusier’s theories, there is a relentless quest for cities to regain their lost glory, which to them can only be achieved by enhancing uniformity. The modern day cities are problematic which may be attributable to the state or architecture. Looking back, architecture has given us beautiful buildings such the Westminster Abbey and the tower of Piazza. In addition, architecture has also created beautiful cities such as Venice, Nancy and old Paris. However, it is vital to consider the contextual challenges that architecture is encountering if at all solutions will be coined for the appalling conditions of the modern cities. To begin with, it is vital to pose certain critical queries, which should provide guidance going forwards. Is it practical or realistic for modern architecture to hold on to the ideals that have guided architects in the past? Are the ideals of past architecture relevant in the present day? And if so, which ideals should we embrace? In the past, the most dominant values were simplicity and uniformity (Le Corbusier 1976, 32). One of the dominant characters of cities is the disparity in the individual cells or ho use units, which form the city. Individualism should take an equal share of the blame for the present state of the cities. According to Le Corbusier, there is need to establish certain standards which will guide construction. The emergence of discipline, astuteness and concord are the only factors, which can help the modern city rediscover uniformity, which exemplified past

A Position Paper for the Enhancement of the Strategic Ability of Air Essay

A Position Paper for the Enhancement of the Strategic Ability of Air Asia - Essay Example Following sections presents the strategies and the enhancement proposed accordingly. 1. Air Asia to control its costs and source of funding for purchase of new fleet of aircrafts. Increase of fleets’ strategy. Air Asia wants to continue to be the lowest cost short-haul airline in every market it goes in. In considering this vision, the action required is significant investment in aircrafts, distribution channels, production capacity and working capital. In this situation, there is a need to determine first if Air Asia has the capability to raise funds and its financial worth. Financial resources. Financial worth of Air Asia as of 2009 shows current net assets of RM 511,284 million which is an improvement from its RM 263,085 million current net assets in 2008. It has the ability to raise funds from creditors and shareholder, its debt/equity ratio is 2.61 and a net profit margin of 16.2%. A debt equity ratio is a measure of the company’s financial leverage and indicates w hat proportion of debt and equity the company is using to finance its assets. A high debt ratio means that the company is using a lot of debt in financing its assets as in the case of Air Asia. However, in further analysis, capital intensive industry generally has a high debt ratio of 2 (Investopedia, n.d.) Air Asia has a net cash flow of RM598million, equivalent to $181.2 million (Air Asia.com). Air Asia reports of 21.1% profit after tax margin in Malaysia, 1.8% profit after tax margin in Thailand and 17% profit after tax margin in Indonesia (Centre for Asia Pacific Aviation, 2010). Chart 1 shows the EBITDAR margin and profit after tax margin in 2Q2010 for year 2010l. It will be noted that after deducting... The study analyzed the strategies used in each strategy of Air Asia, had seen its strength as well as weakness in achieving targets. On this, proposals for enhancement have been recommended. On the first position that requires funding for purchase of additional new aircrafts for new routes and replacement of old ones, recommendation is to get funding from long term debt because of tax advantages. Getting funds from outside sources will save the cash flows for internal operations of the company. Second position pertains to inventory management that will require management to maintain an RFID technology along with a perpetual inventory system that will track inventory and supplies of the airline company in its various segments. The third position calls for a study on the cost saving realized by the on line system of booking to properly explain to stakeholders the benefit of the strategy and to outline further enhancements. The fourth proposition is a recommendation for promotions and a dvertising to attract more customers in order to maximize use of airline capacity. The fifth position is the continuous training and skills development of employees as airline business is dependent on skills of employees particularly in aircraft flying and maintenance. This paper makes a conclusion that a position is presented that needs government approval for a patent to protect brand image of Air Asia as the lowest cost airline carrier in the region.