What Is Communication Sector?
The National Infrastructure Protection Plan
The private sector is the primary entity that protects the infrastructure and assets of the majority of communications infrastructure. The private sector is able to anticipate, and respond to sector disruptions and understand how they might affect the ability of the national leadership to communicate during times of crisis, impact the operations of other sectors, and affect response and recovery efforts. The Communications Sector-Specific Plan details how the National Infrastructure Protection Plan is implemented in the context of the unique characteristics and risk landscape of the sector.
The Growth and Evolution of the Telecommunications Sector
The telecommunications sector used to be dominated by a club of big national and regional operators. The industry has been deregulated and innovation has been rapid. In many countries, the government has privatized and faced new competitors.
The traditional markets have been turned upside down as the internet and mobile services have grown more and more popular. Residential and small business markets are the toughest. Competitions rely on price to get the attention of households and heavy investment in efficient billing systems to succeed.
The corporate market is the favorite. Residential customers are more price sensitive than big corporate customers because they are concerned about the quality and reliability of their calls. Large multinational companies spend a lot on telecom infrastructure to support their operations.
They are happy to pay for premium services. The shares of telecommunications companies have characteristics of both income and growth stocks. Small companies that offer wireless services provide the best opportunities for share price appreciation.
Conservative investors tend to prefer larger companies that deal with equipment and services. Value investors can find good picks in the telecommunications sector. The need for telecommunications services is still important even in a changing business cycle.
The Sector Views: A Review
The recommendations of the Sector Views do not represent a particular investment strategy. You should not buy or sell an investment without considering its appropriateness. You should review and consider any market news.
Documentation for claims or statistical information is available upon request. All opinions are subject to change without notice. The data is obtained from reliable sources.
A complete, single telecommunications circuit consists of two stations. A single device called a transceiver is used to combine the transmitter and receiver at any station. The medium of signal transmission can be via electrical wire or cable.
Wireless communications is the transmission and reception of data in the air. The carrier wave is the electrical signal that is used to transmit data. In order for a carrier to convey information, it is necessary to use some form of modulation.