If your small business were a grocery store or automotive mechanic shop, most every lender in the U.S. would immediately understand your business model. If you were to approach them looking for a line of credit, they would be able to rather quickly determine if your business is able to receive some small business financing from them or not. However, as the owner of a telecommunications company you know that this is not always the case for your industry. Traditional lenders just simply do not understand how telecom companies do business and the intracacies of telecommunications funding.
If you are a large multi-national telecom company, funding abounds for you just simply because of the huge amount of revenue your business generates month after month. However, if you are a small telecom business, obtaining that line of credit can be much more difficult. When you approach a traditional lender for funding, you will likely find that they do not understand your business model and telecommunications financing in general. It is not in the traditional banker’s interest to work with telecommunications businesses with receivables that are all small amounts with many customers. Generally, your receivables take 45 or more days to receive after delivery of services. Because these billing issues are unique to the telecom industry, traditional lenders do not fully comprehend the fine details and tend to choose to deal with businesses in more traditional roles.
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For a country beset by recent natural disasters, political instability and a host of other economic and social problems, telecommunications in Pakistan has witnessed substantial growth over the past few years despite the odds. In an interview with BusinessWeek, a senior IT Minister has described the growth in Pakistan’s telecommunication industry as “an absolute revolution”. Deregulation, which had its humble beginnings in 2003, has led to privatization of Pakistan’s telecom industry and can be singled out as the factor that has driven growth in this critical sector of the country’s economy.
In mid 2005, Pakistan government sold its 26% stake in the country’s top, fixed-line institution – Pakistan Telecommunication Company Limited (PTCL) to the Emirates Telecommunications Corporation (Etisalat) to further strengthen the deregulation process. Such economic reforms are driving the telecom industry to new heights. Since 2003, the Pakistan Telecommunication Authority (PTA) has awarded in excess of 200 mobile, fixed and long distance licenses to 50 companies. This has resulted in substantial increase in competition spanning a wide spectrum of telecom services and fuelled further by Etisalat’s controlling share of PTCL.
Telecom Industry watchers affirm that a major part of growth will be witnessed in mobile telephon Continue reading »
One of the hottest fields in the United Kingdom and Europe today is the telecommunications market. Companies that began giving local telephone services have expanded over the last decade to provide cellular phone service, cable television, Internet service, and streaming data services. Graduates from throughout the United Kingdom are familiar with telecommunications companies, as many of them have cellular phones and computers that utilize these services. Telecommunications companies have expanded into some of the most competitive in the general market today, requiring bold leadership and fresh young minds to maintain a competitive edge. Graduates interested in staying on the cutting edge while making a living should consider telecommunications jobs.
There is a plethora of jobs open to graduates who want to break into the telecommunications field. Graduates with a strong work ethic and excellent communications skills should consider working as sales professionals at cellular providers or phone companies. Young professionals with an eye for creativity and marketing can work in the ever important advertising department of a telecommunications company. Other positions at telecommunications firms, like engineering and information technology, require technical knowledge and a commitment to staying a cut above the rest.
The job market is wide open for telecommunications companies, with many international companies setting up shop in the UK and Eu Continue reading »
One of the hottest fields in the United Kingdom and Europe today is the telecommunications market. Companies that began giving local telephone services have expanded over the last decade to provide cellular phone service, cable television, Internet service, and streaming data services. Graduates from throughout the United Kingdom are familiar with telecommunications companies, as many of them have cellular phones and computers that utilize these services. Telecommunications companies have expanded into some of the most competitive in the general market today, requiring bold leadership and fresh young minds to maintain a competitive edge. Graduates interested in staying on the cutting edge while making a living should consider telecommunications jobs.
There is a plethora of jobs open to graduates who want to break into the telecommunications field. Graduates with a strong work ethic and excellent communications skills should consider working as sales professionals at cellular providers or phone companies. Young professionals with an eye for creativity and marketing can work in the ever important advertising department of a telecommunications company. Other positions at telecommunications firms, like engineering and information technology, require technical knowledge and a commitment to staying a cut above the rest.
The job market is wide open for telecommunications companies, with many international companies setting up shop in the UK and Europe. Graduates should know that the job market for telecommunications professionals is promising for the next decade, with more and more people embracing the need for the newest technology. Competition for entry level jobs is fierce but it is a graduate friendly market, with many companies offering incentive programs for excellent candidates who make it through training. Entry level sales professionals in the telecommunications field can expect to make around 25,000 pounds. The big prize for these entry level professionals, however, come with quarterly and annual sales incentives. Continue reading »