A Comprehensive Investigation of Telecom Business Models and Strategies

Globally, a wide variety of business models are proposed and used to address the challenge such as survival of business in the global market. Telecommunication industry has grown tremendously over the last decade. While the industry now offers enormous services to customers the entrepreneurs still struggle while choosing an appropriate model, its implementation and business survival. The business model may be defined as a system that works takes inputs and uses business activities to produce some outputs that may be regarded as outcomes. These outcomes are aimed at achieving valued targets over various lengths of terms. Hence various models or combination of models may be required to fulfill different goals in a business environment. The aim of this paper is to highlight the global telecom business model research by analyzing the proposed solutions while highlighting their strengths and weaknesses. An insight into the steps that may help design an optimized business model for the telecom industry has also been provided.