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Topic : Telecom industry in India
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Indian Telecom Professionals

 

Will the Financial crisis affect the telecom industry??

Created by : Subhankar Sanyal, Sales/BD Manager, Bharti Airtel  | 11 27 2008 12:38:16 +0000
Industry : Telecom/ISPFunctional Area : Strategy Execution(Strategy & Execution)
Keywords : TELECOM IPHONE TELECOM Industry Mobile Phones Financial Crisis Crisis Financial Affect Economic Crisis Economic Meltdown
Activity:  2013 views;  last activity : 07 06 2010 20:18:09 +0000
As such there is the cloud of financial crisis on all the industries, industries are facing difficulties to come to their terms with the crisis, every major industry has suffered the wrath of this crisis, But then till now there is no major news about telecom industry getting affected, i may be wrong here, but then how will the financial crisis affect the telecom sector as such... do give in your views.....
  
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I don't agree with subhankar on this, the financial crisis impacts consumer spending in a huge way, everyone wants to save money,Due to high inflation people are not spending as much as they were doing before. So this means there is a slowdown in terms of units of new devices sold. So the production takes a beating and when there is no devices and products sold how will it not affect, it will affect but the impact is not as the other industries are facing..
By Shyamal Maity, Sales/BD Manager, AT&T  | 11 27 2008 13:02:11 +0000
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I don't think so after knowing that Indian telecom companies added a record 15million customers in January. Does this show telecom industry is affected by the slowdown ?? No way...

Also the number of phone connections in India has crossed 400 million...
By Amit Madhav, Senior Consultant, GKC  | 03 12 2009 12:45:27 +0000
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According to me it will not affect the Telecom industry because, the  recent reports from research survey done  say that there will be an increase in telecom spend by enterprises all over the world who want good communiation network in place to stay connected with their employees and customers all the time. In the same manner even telecom outlets are coming out with  specific requirements that suits the  user respectively. And  manufacturers are coming up with innovative features and value added services at a very low cost. Then there is  entry of global players in wooing the new markets, and  is making a huge difference for this sector to grow and the results are there for us to see. And, hope the same trend continues in the coming year as well, So  i feel that the telecom industry would not be affected due to the crisis which is looming at large..
By Subhankar Sanyal, Sales/BD Manager, Bharti Airtel  | 11 27 2008 12:38:16 +0000
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