TELECOMMUNICATIONS OVERVIEW
No other industry touches as many technology-related business sectors as telecommunications,
which, by definition, encompasses not only the traditional areas of local and long-distance telephone
service, but also advanced technology-based services including wireless communications, the
Internet, fiber-optics, and satellites.
Telecom is also deeply intertwined with the entertainment of all types.
Cable TV systems, such as Comcast, are aggressively offering local telephone service and high-
speed Internet access.
The relationship between the telecom and cable sectors has become even more complex as
traditional telecommunications firms such as AT& T is selling television via the Internet, and
competing directly against cable for consumers' entertainment dollars.
Consequently, the various organizations that monitor the global telecommunications industry have
their own ways of estimating total revenues, and their own thoughts on including, or not including,
specific business sectors.
Does “telecom” include equipment sales and consulting? Or, should it be considered to be
services only, such as subscriber lines and data networks?Information and Communication
Technologies (ICT) is a term that is used to help describe the relationship between the myriad types
of goods, services, and networks that makeup the global information and telecommunications
system.
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