| In nineties, telephone and telegraph were invented and the communication entered into telecommunication era. Telephone and telegraph provided lightening fast mean of communication. Probably no means of communication has revolutionized the daily lives of ordinary people more than the telephone. Simply described, it is a system which converts sound, specifically the human voice, to electrical impulses of various frequencies and then back to a tone that sounds like the original voice.
With the invention of wireless, telecommunication entered into more advanced era and things started to come in more rapid way redefining the Telecommunication. The reason for scaling-down in telecom is that the technological advancement has terribly been focused on communications. Thanks to advancement in nineties. Lots of technical people has seen the future in Telecom and made huge amounts of mind investment to the business. Today, we are forced to live in an overly competitive industry where telecom is forced to be cheaper everyday. New players entering into telecom industry with emerging technologies. These emerging technologies are reshaping communication and redefining telecom, which is alarming for traditional telecom companies as these new players, with the help of new technologies and the use of Internet are lowering the cost communication to a point where it will become almost impossible to compete with them. |