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What Is The Future Of The Telecommunications Industry?

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The future of the industry is simple. Look at what has happened over the last say 2 years…..we have had an outstanding amount of devices and applications directed towards being able to connect with others.

If its going to be wireless vs wireline then its wireless hands down. But going deeper in to that I will have to say that the future will not be in just cell phones or BlackBerry’s or the iphone. I think you have to look deeper into it, think of a world with readers, tablets etc …… but at the same time being able to still connect your ever day life into these devices. The industry is evolving and a wind of change is coming too.

The telecommunication industry will go to another NEW ERA with new high speed data services enabled by LTE/WiMax/IMS, IP end-to-end. For the end-users it will mean more information to exchange, for the operators more money to make, and for the equipment vendors (Infrastructure/handset..) it will mean more complex equipment to design and deploy.

Welecome to the information age.

The ex IBM CEO, Louis Gerstner, was asked once about the future of computing. He gave a very interesting analogy as a means to answer the question. He said …. before the invention of the electrical motor, factories used to have steam engine rooms outside the plant with shafts connected to the machinery inside. After the invention of the electrical motor, all machines have their motors embedded in them.

He said …. in today’s world, there are computers everywhere serving specific functions. In the future, he predicted, computing capabilities will be embedded in everything from clothes and wall paints all the way to big robots and apparatus. I don’t recall if he specifically mentioned nano technology as the enabler for this evolution. But I believe it is.

Let’s take this analogy one step further and deduce the future of telecommunications. If computing is embedded in everything and connectivity becomes everywhere, then we can imagine a world in which communication devices are less visible and information flows less intrusively.

If we look at telecommunication, the primary intent has been to communicate across a distance.

From just standalone voice and data communication, the industry has over the past few years evolved to provide communication backbone for multimedia – voice, data, image and video.

To do so the initial battle between, wired (copper and optical) and wireless (multiple technologies), cable has now become a driver for convergence and coexistence.

The business will be driven by the value that is available through seamless connectivity. It is very likely that connectivity will be taken for granted in fact like any commodity could become free (see the cost of voice communication going southward).

Different industries like health care (seamless access and connectivity for health care), entertainment ( mobile access to movies, music and games), financial institutions (secure and mobile access to money transactions, shares), manufacturing (seamless access to the supply chain) would drive telecom technologies and solutions.

The requirement of seamless access would vary from very small distances (the tele part of telecommunication) to across the globe would be another driver.

So these are exciting times for any one who can create innovative that provide tangible benefits to the end user who now has access to varied options of multi media connectivity.

Competition, Telecommunications and our Country's Prosperity

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Let’s review briefly what competition today has done for us. We have long-distance prices that are 50 percent lower than they were 10 years ago. We have fiber-optic network, four bands of it, across the country. We have tremendous capacity for transmission of digital signals over this fiber-optic network. We have an explosion of products in computers, in telephone equipment, in faxes, in voice mail, in all of the products that just 10 years ago we as consumers couldn’t even imagine.

It is competition in breaking apart the local network from the long-distance network and allowing competition in the equipment side of the business which has caused this tremendous forward movement for consumers, lower prices, and bringing the United States to the forefront of the telecommunications revolution.

It is a fact that competition has made this country the preeminent leader in the world in telecommunications. Japan is behind us, Europe is behind us. We are exporting products, we are creating jobs, but more than that we have tremendous productivity and we have products and lower prices better than anywhere in the world. It is competition that has gotten us to this stage, and it is the antitrust decree and the modified final judgment which is responsible for that.

The time has come to move this important industry from the courts to legislation. The time is here, the time is now, and by taking the next step and opening the local loop, still monopolized by the Regional Bell Operating Companies, to competition, which only this bill can do fully and effectively and immediately, we can move into the next phase of the telecommunications revolution in this country. If we do that, if we do it wisely, if it we do it promptly, if we do it smart and with courage, we can continue to lead the world in this basic and vital industry which is now 10 percent of our gross domestic product.

The job of building the Nil the infrastructure that will permit broadband, interactive communication between all members of our society has been aptly compared to the building of the nation’s interstate highway system. Like the construction of the highway system, the construction of the Nil will create hundreds of thousands of jobs. And just as roads have enhanced this nation’s productivity and living standards, the completion of the Nil will make firms and individuals more productive. The Nil will also enliance the quality of our lives by creating new ways to educate adults and their children, improve our health care, give us better and cheaper ways of buying products and services, and entertain us at home.

There is no question that it affects the life of every American. It affects the economy of this country and it affects our competitiveness and productivity.