An increasing significance of telecommunication was discerned since the last three decades of 20th century for the ever-growing impact on productivity. It’s an important economic factor that plays a vital role in evaluating the economic growth. It’s been identified as the inspiration for economic prosperity prerequisite for national development along with an acute indicator of organizational competitiveness. Not just in economic growth but the telecommunication has greater impact on socio-economic and overall development as well.
I’d like to do some highlights on it. Post-modern civilization tends to produce a confusion making them equal and furthermore confusing the folks they are alike. But the basic difference between these two terms is that growth relates to increase in quantity what we have, whereas development means both quantitative and qualitative improvement.
Telecommunication is one of the important means for increasing the economic growth and economic development at length top telecom recruiters. Telecommunication causes companies to use their input resources as much as possible in a successful way. There has been a sharp controversy on whether or not the investment in IT and telecom provide improvements in productivity and business efficiencies.
Investment on IT and telecom sectors could make poor direct contribution to efficiency of companies until they’re coupled with complementary investments in operation activities, company restructuring, and human capital. Even as we get various research works from Cobb-Douglas model (was used to examine the impact of Information Technology investment on productivity at Telecommunication Company of Tehran (TCT) and Weighted Least Square (WLS) (was run by SPSS 15 to check hypotheses) – it is explicit that IT investment not just makes the positive contribution to the output of Telecommunication Company but also this contribution is positive after deductions for depreciation and labor expenses.
At today’s era there are lots of telecom service providers in the global along with national market in Australia. They’re knowingly or unknowingly each one of these factors, with a perseverance that telecommunication can accelerate a business along with a strong brand image have entered into this telecom arena.
Its importance and ever-growing demand was clearly estimated form the fourth edition of the ITU’s World Telecommunication Development Report (Malta, March 1998). It showed the growing significance of electronic information for economic, educational and social advancement, highlighting how critical universal use of communications has become. For over 40 million people was waiting for a telephone line worldwide. Where least developed countries have telecommunication penetration levels around 200 times below that of developed countries.
Keeping pace with complementary investments in operation activities, company restructuring, and human capital and to generally meet the ever-increasing demands of the global people (explicit from World Telecommunication Development Report, Malta, March 1998), Teleus, a respected Australian telecommunications company, has entered to the telecom arena to make this service most cost-effective. For company’s research focus on all nitty-gritty telecom aspects the company is able to provide its clients cheap business calls and unlimited business phone lines facilities. Because of their long-term clients the company has attractive business telephone call packages at the inexpensive rates.