ScienceDirect. Impact of changes in Service Sector in shaping Business and Society Telecommunication Industry

Similar documents
A STUDY ON CUSTOMER SATISFACTION TOWARDS 3G DATA SERVICES IN ERODE

CONSUMER SATISFACTION IN INDIAN TELECOM INDUSTRY: A CASE STUDY OF BHARTI AIRTEL

New growth points for a mobile operator s business

Dr. U.C. Sharma. Mrs. Divya Sadika. Date:-

Make the Right Move towards Futuristic C mmunications

Cisco Smart Business Communications System Lead-Generation Play

Choosing the right Hosted UC solution for your business. Why you need one, what s available, and key purchase considerations

CHAPTER - V SUGGESTIONS, RECOMMENDATIONS AND CONCLUSION

Available online at ScienceDirect. Procedia Engineering 138 (2016 )

An approach to Avoiding Train Collision in Railway Sectors using Multi Agent System

2017 United States Business Metro Carrier Ethernet Services Market Leadership Award

Universal Service in the 21 st Century

Opportunities of CDMA-WLAN Convergence Services in Koran Enterprise Market

BUSINESS COLLABORATION, DELIVERED

CUSTOMERS ATTITUDE TOWARDS MOBILE PHONE NETWORKS SERVICE PROVIDERS IN SALEM DISTRICT

2012 Telecommunications Industry Perspective

NEAT EVALUATION FOR INTELENET GLOBAL SERVICES: Market Segments: CX Improvement Focus & Overall

Measuring customer satisfaction for F&B chains in Pune using ACSI Model

MOBILE NUMBER PORTABILITY AND CONSUMER BEHAVIOUR: A STUDY WITH REFERENCE TO BHARAT SANCHAR NIGAM LIMITED, INDIA

UCaaS. Business collaboration, delivered

Business Aspects of WiMAX Technology in Fixed Telecom Market

CEDA June The Changing Face of Australian Telecommunications and what that means for Australia.

INCREASING REVENUE GENERATION

Narrowband Multi-channels Market Research

Capabilities and Services

The economic value of the wireless communications industry to Canada

Choosing the Right Cloud Communications Solution for Your Business Why you need one, what's available, and key purchase considerations

Inter-firm collaboration in Australian Telecom market

ORACLE CX REFERENCE ARCHITECTURE FOR COMMUNICATIONS

E- Publishing: Successful e-commerce efforts to e- publishing online newspapers and independent and independent publication through the internet.

Chapter 3. Understanding m-government adoption

RPA is Transforming Business Processes Delivering Fast, Accurate Service, and Improving Customer Experience

The Need for a New Communications Architecture

EUROPEAN COMMISSION. The new Universal service and Users rights Directive

Smart+Connected Railways. Smart+Connected Railways. Punctuality CRIS SYMPOSIUM JULY 6, 2009

Creating Value in Italy

Growth and Structural Transformation. Ejaz Ghani December 11, 2015 Presentation at National Academies of Sciences, Engineering, and Medicine

Your Communications Solution. The Best Communications Solution for your business ipecs-lik. ipecs is an Ericsson-LG Brand

How to use internal and external data to realize the potential for changing the game in handset campaigns

NEC Cloud Collaboration Low-risk, flexible, cloud-based unified communications and collaboration services to transform your business.

TELEPHONY BE A PRIORITY FOR YOUR BUSINESS?

Summary and Conclusions

Our strategy 14 NOKIA IN 2017

Introducing Live Chat

This document is intended educate you on the additional products as well as help you understand how these products can help your business.

MOBILE PAYMENTS IN EUROPE: EVOLUTION AND PERSPECTIVES. Challenges and Opportunities of Direct Carrier Billing (DCB)

ACS Telecommunications Consultants The Future of the Universal Service Obligation

Solution Overview. Transform your life and annuities business

Emerging Information Technology Issues in Leasing

Let s create a powerful and successful e-commerce community together

Operations Impact Analysis for Applications Onboarding Strategies

Service enablement. Operator opportunities through service enablement

How to meet Hotel Telecommunication Challenges Head-on

Prospectus ENTERPRISE CUSTOMER COMMUNICATIONS TRENDS & STRATEGIES FROM AROUND THE GLOBE

Annual Meeting of Shareholders

Telecommunications infrastructure: traditional and emerging challenges. Philipe Moura Regulatory Manager GSMA

DIRECTORATE GENERAL OF EMPLOYMENT & TRAINING (DGE&T) MINISTRY OF LABOUR AND EMPLOYMENT SHRAM SHAKTI BHAVAN RAFI MARG, NEW DELHI

A STUDY ON CUSTOMER SATISFACTION OF RELIANCE MOBILE SERVICES IN MADURAI

Investor Presentation

INTERVIEW OF THE MONTH 100

DATA-DRIVEN COMPANY DIGITAL VIDEO ANALYTICS

THE CLOUD COMMUNICATIONS OPPORTUNITY

2018 European Payment Processing Platform Customer Value Leadership Award

Available online at ScienceDirect. Procedia Engineering 161 (2016 ) Abhay Tawalare a, *, Yazhini Balu b

Which business models can deliver growth in emerging countries?

Top 10 Consumer Electronics Manufacturers: Global Industry Outlook and Key Player Strategies, Performance and SWOT Analysis

Introducing Carrier Selection & Carrier Pre- Selection in Malta

Talktalk Telecom Group PLC (TALK) - Financial and Strategic SWOT Analysis Review

State of the Competitive Nation

Company Overview THE LEADER IN CLOUD-BASED GLOBAL TRADE MANAGEMENT

Whitepaper Telecommunications

Enabling digital economy revenue streams: what software do service providers need?

Convergence Challenges In the Indian Context

Figure 1: Drivers model showing contribution of various satisfaction KPIs towards overall satisfaction. Overall Satisfaction

Dairy Giant Improves Controls and Regulatory Compliances

Universal Office Copiers & Printers: Worldwide Market Opportunities and Product Requirements

Available online at ScienceDirect. Procedia Engineering 85 (2014 )

of India Telecom Consult on and New Delhi Website:

1. Background context Indian Telecom Sector Trends:

Project team right-sizing for the successful ERP implementation

Mark Naftel Norton Rose

Cisco Unified Workspace Licensing

CUSTOMER MANAGEMENT SOLUTIONS FOR DOCSIS Daniel Reilly Solect Technology Group

Oracle and G-Log. Acquisition Announcement Customer and Partner Presentation September 20, 2005

Data-Driven Marketing: Key to Profitability

Country Paper: Coherent Approach to Trade and Regulation of Services: Lessons from India

The Best Communications Solution for Your Business ipecs-lik

The Value of Oracle Database Appliance (ODA) for ISVs

OPERATOR STRATEGIES FOR THE esim ERA: OPPORTUNITIES IN DEVICE BUNDLING, SALES CHANNELS AND WHOLESALE

COMMUNICATIONS OUTLOOK 1999

FOR CSPs, IoT-ENABLEMENT SERVICES CAN ACCELERATE REVENUE GROWTH

Date: November 2016 Page: 43-44

ATM MODERNIZATION FOUR REASONS TO MODERNIZE YOUR AGING ATM INSTALL BASE. An NCR white paper

A STUDY OF CUSTOMER EXPECTATION AND EXPERIENCES WITH PHONE SERVICES IN BANGALORE CITY

ITU-T Workshop on Multimedia in NGN The Converged Office

<YOUR COMPANY> PROPOSAL FOR SERVICES

Research on the Cross-cultural Marketing Strategy of China s Tourism Enterprises *

Define Your Enterprise Mobility Roadmap and Strategy

Q&A with David Hazzard

Transcription:

Available online at www.sciencedirect.com ScienceDirect Procedia Economics and Finance 11 ( 2014 ) 495 499 Symbiosis Institute of Management Studies Annual Research Conference (SIMSARC13) Impact of changes in Service Sector in shaping Business and Society Telecommunication Industry Anant Deogaonkar a *, Gaurav Washimkar b ab Tata Teleservices (M) LTD. Nagpur, India. Abstract Telecommunication Industry necessarily precludes the concept of service along with the business perspective. Telecommunication industry constitutes a vital part of the service sector in India. Changes in service sector have deep impact in shaping the business and society. The impact is positive as well as negative. The positive aspects are manifold and the negative aspects can be worked upon to keep them sustainable. Telecommunication products have variety of ranges and apart from the business growth the telecommunication products have considerable contribution in development of the society. The telecommunication business is going through constant changes or up gradations and there is always a corresponding change realized from business point of view and hence the proportional change witnessed by the society. The telecom companies through their commercial operations actively contribute to the progress of the society. In India, the rural market segment forms a considerable part of the entire geography and telecom industry plays a major role in the rural development initiatives promoted by the Government of India in most economic way. Telecom Company in addition to the profitability business perspective in urban areas also contributes to the rural development resulting social welfare as well. In the initial stages the telecom business was mainly profit focused and the telephone was supposed to be a luxury status symbol in the society. Telecommunication industry has an added advantage of the latest technological developments implementation at a faster rate. The latest technological trends improved the information exchange process with enhanced customer satisfaction resulting into the increased profitability. This paper focuses on the impact of the changes in service sector in shaping the Business and Society with respect to telecommunication industry in India. 2013 2014 The Published Authors. by Elsevier Published B.V. by This Elsevier is an B.V. open access article under the CC BY-NC-ND license Selection (http://creativecommons.org/licenses/by-nc-nd/3.0/). and/or peer-review under responsibility of Symbiosis Institute of Management Studies. Selection and/or peer-review under responsibility of Symbiosis Institute of Management Studies. 2212-5671 2014 Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/3.0/). Selection and/or peer-review under responsibility of Symbiosis Institute of Management Studies. doi:10.1016/s2212-5671(14)00215-9

496 Anant Deogaonkar and Gaurav Washimkar / Procedia Economics and Finance 11 ( 2014 ) 495 499 * Corresponding author. Tel.: +0-000-000-0000 ; fax: +0-000-000-0000. E-mail address: anant.deogaonkar@tatatel.co.in Keywords: Telecommunication; Business; Society 1. Introduction Change is the only constant thing for the telecommunication services in India. Development is a continuous process. Process of change is often volatile and responsive to intervention and global circumstances impacting it. In such an inherently dynamic situation it is convenient to assume that cross country experiences incubate the most recent seeds of changes. This is because at various stages of development encapsulate developmental experiences that occur with the passage of time. Starting from the conventional Public switched telephone network PSTN with rotary dialing telephones the journey of technological development crossed several milestones such as fixed wireline telephones, digital signaling, copper replaced with fiber, wireless technology advanced from 2G to 3G with footprints of 4G in major part of the country. Layman in India nowadays can enjoy the latest mobile phones, high speed data connections such as 3G, wireline high speed digital subscriber lines, leased circuits on fiber connectivity etc. 4G implementation is under the development stage and expected to be ready to serve in near future. The pace of change in telecom industry is refusing to slow down and we are likely to head into more interesting times in future. The convergence of the voice data and video networks are having profound effects on telecommunication organizations, infrastructures and platforms. Figure 1 : Changes in telecommunication Industry In the past the operators had almost exclusive access to the subscribers. Operators used to procure and sell the handsets and provided the voice and data services to the subscribers. This meant that the handset vendors did not have any regular contact with the subscribers. However, now the handset are moving very fast to exploit one of their few unique strengths which is service distribution and discovery on-device and therefore monetize from

Anant Deogaonkar and Gaurav Washimkar / Procedia Economics and Finance 11 ( 2014 ) 495 499 497 retailing and managing services at point-of-purchase and during in-life use. Earlier, carriers were the only Go-To-Market medium for the Value added service VAS providers. However, handset vendors (Apple, Nokia, Samsung, etc.), operating system providers (Windows and Android) and independent players (Get Jar) now have application stores which can not only market and distribute services but can also do direct billing. Mobile payments are likely to further reduce the dependence of the application stores on carriers for billing. With players apart from the carriers becoming service inventory brokers, the new Telecom Industry value chain looks something like the figure below: Figure 2

498 Anant Deogaonkar and Gaurav Washimkar / Procedia Economics and Finance 11 ( 2014 ) 495 499 2. Impact of Change on business The telecommunication industry business has experienced exponential growth in the wireless segment. The entry of the private operators in telecommunication has resulted to reduced tariffs and number of mobile subscribers increased considerably. This has added more number of operators resulting cut throat competition. The rural markets in India also joined the mobile revolution. The Government of India has added the subsidy norms for providing services to remote villages resulted to the mobile service penetration to rural areas in the name of Village Public telephony (VPT). All the operators had a strong focus on acquiring maximum number of subscribers with highest telecom market share. This led to innovation of new strategies of economic pricing. Value added services offering also enhanced the competition among the service providers. The bill tariff was reduced by the operators to grab more number of subscribers with the assessment of increased talk time leading to higher revenue. Actual situation found to be different with lowering trends in talk time and reduced profitability. Not only the reduced tariffs but the Telecom Regulatory Authority of India TRAI has imposed various charges either as penalty or other reasons affecting the overall financial health of the telecom operator.the technological advancement has a deep impact on the employee relations. With this crisis of reduced profitability all operators initiated the market study and concluded for increase in tariff rates. Reduction in dealer margins, economic outsourcing of activities, Customer categorization on the basis of revenue generation and improvement in grade of services to ensure customer delight are some of the strategies being followed to stand by this situation. To overcome this situation in short span of time the telecom company will have to move away from providing basic telecom and value added services and have to become the solution service providers. These service providers should necessarily address the economic concerns of the customers along with multi utility long term service offers to the Top Corporates. 3. Impact of Change in society Telecommunication services have changed the life of layman in India. The information exchange is possible at a faster rate. The employee information exchange communication is strengthened. The telephone was treated as the luxurious item during the initial phase but now it is one of the basic needs of communication.telephone.mobiles, data connections form a part of day to day activities in all the offices all across the country. Telecommunication video conference services have also added to the ease of online meetings with the leadership in company reducing the cost of travel and stay for all the parties involved. The social status improved a lot due to the telecommunication advancement in society. Nowadays telephonic interviews are also being conducted following the video conference interview wherein the employment offer is given to employee at the place. This has considerably reduced the burden of handling personal interactions of all the candidates eligible for the particular job. Online e leaning modules are available for the students perceiving studies in remote area as well as those pursuing higher education along with work. The major disadvantage of the changing technological advancement is that people may have very less scope of

Anant Deogaonkar and Gaurav Washimkar / Procedia Economics and Finance 11 ( 2014 ) 495 499 499 personal interaction on official issues. Instead of talking personally the employees share mails on systems keeping many people in loop causing the matter escalation to more number of people. This may complicate situation hampering the dialogue between the related parties. The employees need separate activity initiated by Human Resources for internal communication and dialogue. The employee relations in telecommunication industry largely depend on the individual ownership. The different departments have different employees interacting with same customer for concerned product related query. In such case the employee from sales may feel disturbance caused by customer service employee or network service employee and so on. There is a scope for misunderstanding between the employees from different department due to lack of personal interaction. The initiatives such as leadership meetings with the employees within the departments and cross functional teams may control this to some extent. The social scenario changed a lot with the changing telecom services. The customer delight has become the centre of attraction for the company to procure maximum number of customers. This partly initiated the tendency of the unrealistic service expectations at times disturbing the service image of the company. 4. Conclusion Hence telecommunication is continuously going through the change or upgrades which are adding value to the human life as well. The Business perspective and the social development have to go hand in hand in Indian market to ensure overall growth of the telecom service sector. There are positive and negative aspects for the developments in telecom service sectors and can be balanced by the strategic planning. References 1. http://www.telecomcircle.com/2011/03/changing-dynamics-of-telecom-industry/#ixzz2dqxhqhni 2. http://business.rutgers.edu/news/dennis-bone-president-verizon-new-jersey-speaks-about-technologys-impact-business-models-rutger