Telecommunication
means communicating over a distance using technology and wireless
telecommunication refers to the communication system which provides services of
sending and receiving voice and data using electromagnetic or airwaves i.e.
without the use of cables and wires. The services provided include mobile
computing, cellular phones, radio and satellite communication.
The
world is developing rapidly in the field of wireless telecommunications with
new technologies coming out every day. The introduction of Wi-Fi and recent 4G
(fourth generation) services has made radical changes to the telecommunication
world. After setting up its roots in Europe and America, the wireless
communication services are progressing rapidly in Asia and other populated
regions of the world. Taiwan and Hong Kong claim to have more mobile
connections than the number of people in their states. The improvement in the
industry is so drastic that within a few decades, the overall wireless
connections of Asia-Pacific have outnumbered the connections in North America.
According to statistics, in 2003, 77 percent of the total wireless connections
of the world came from Asia-Pacific. The number of total cell phone subscribers
in the world is almost 7 billion and half of them are from Asia-Pacific.
Further information on the progress of wireless connections in the world can be
accessed on Bindessetc.com.
The
overall revenue of Wireless Telecommunications Services industry is expected to
reach 1,104 billion US dollars within the next 3 years with a CAGR of over
4.8%. To manage the increasing internet traffic, from VoIP to 4G services, world
is now moving towards Fifth Generation standards. Apple Inc., Google, AT&T
and Verizon are the leading internet and wireless networking companies of the
world. The invention of Google Glass by Google manufacturers has brought a
whole new experience of communication to the human race.
AT&T Company provides
wireless services to around 116 million subscribers. In 2013, the corporation
enjoyed revenue of $69.9 billion with around 70,000 employees around the world.
It provides improved services on voice and video calls. In 2007, the
corporation introduced video sharing on cellular networks and the quality has
improved with the opening of 4G services. Founded in 2000, the corporation has
managed to achieve the status of a leading mobile service company of United
States with the second highest subscriber count.
The
currently highest customer count in wireless telecommunication services of
United States is of the Verizon Communications. With the addition of 4G and 4G
LTE service, it has reached around 122 million subscribers. It has won several
awards for its outstanding wireless services over the decade. The growth rate
of Verizon shows a positive trend of 65.99% over the last five years. However an
unexpected fall in the stock price by 6.81% has been observed during the last
year.
Among
many other European and Asian companies are the Vodafone Group Plc, British
telecom, China Mobile Limited and China Unicorn. For more information on
Wireless Telecommunication networking and industries, please visit one of the
trusted business website, Bidnessetc.com.
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