Key players in international telecommunications
Telecommunications is a fast-moving industry. The advent of the World Wide Web meant that there were opportunities to develop telecoms infrastructure that was hard to envisage at the time. The development of mobile telecoms through telephones, laptops and tablets has allowed businesses and individuals to become connected globally.
Telecommunications is a driver for economies but also allows people to connect to family and friends in far-flung parts of the world. It has certainly revolutionized the way people think about how they are able to communicate. Email, messaging and social network sites such as Tumblr, Facebook and Twitter have opened up channels that ten years ago no one would have thought possible.
Investing in telecoms, as with any investments, has some risk. If you’re considering investing in the industry, you need to research carefully. For example, although many Middle Eastern countries are putting money into telecoms infrastructure, you need to know what government controls are in place for private companies so that your investment is more likely to be safe.
The Middle East is a good place to look to invest as it has been slower to take up telecoms, but now, as many emerging economies there are finding, a good telecommunications infrastructure is essential to develop their internal economies as well as to trade globally.
If you look at Ehsanollah Bayat’s biography, you’ll see that this Afghanistan-born businessman has used the experience he gained while running businesses in the US to rejuvenate his native country’s telecommunications. He set up Afghan Wireless to launch the country’s first mobile phone service, enabling a huge improvement in communications. This enabled businesses to become established and to trade more easily, and also gave individuals the opportunity to connect with their friends and family.
The industry needs innovative entrepreneurs and leaders to develop and embed networks in countries. Here are some of those innovators.
Enas Al Fardan
As the head of the corporate strategy office for Bahrain’s Batelco, Enas Al Fardan has been instrumental in helping the country’s telecoms infrastructure to develop. Having led and managed many important projects to help Bahrain move forward in its goal of economic and social development, she worked on introducing low-priced broadband packages as well as launching high speed fixed internet packages.
Christophe Alter is the technical committee chair of the Broadband Forum and also works for France Telecom Orange as the company’s broadband networks standardization manager. His work includes the Orange Group’s strategy in relation to networks standards and, in the Broadband Forum; he has been a major contributor to the End to End Architecture Working Group.
The future for investors
Telecoms, it appears, will continue to grow and be a major contributor to economies. Telecoms companies need workers to build and service the infrastructure and then pick up significant revenues from all those who choose to use it. Creating jobs allied to good financial returns means that if you are looking to invest, you have the opportunity to make a good return for yourself.