3G Technology of Mobile and its Effect on Finance" In this content, you will read some wonderful expectations regarding new growing business of 3g technology of mobile.
- Tata, Reliance, Idea and Aircel are big four companies who want to get the 3g spectrum in different states of India. Why? Answer is clear, 3G technology of mobile will bring highest return on their investment.
- If we talk about the backward state of India Bihar, there are only 1.1 crore people have mobile phone and but due to cheapest facility of 3G technology of mobile, telecommunication companies can still grow untouched 70% of market. With this, you can estimate companies return on investment.
- All competitor companies desire to get 3G spectrum by giving high amount on bid. Suppose, Telecommunication ministry of UP had fixed the base price 120 Crore and all companies have started their bid from Rs. 322 crore. Why did this happen? Answer is same, " high return on investment"
- High spectrum licensing fees for the 3G services
- Huge capital required to build infrastructure for 3G services.
- To reduce Health impact of electromagnetic waves.