Telecommunication
Telecommunication is the transmission of signs, signals, messages, words, writings, images and sounds or information of any nature by wire, radio, optical or other electromagnetic systems. Telecommunication occurs when the exchange of information between communication participants includes the use of technology. It is transmitted either electrically over physical media, such as cables, or via electromagnetic radiation. Such transmission paths are often divided into communication channels which afford the advantages of multiplexing. Since the Latin term communicatio is considered the social process of information exchange, the term telecommunications is often used in its plural form because it involves many different technologies.
Telecommunication
We need to recognise that the entire information sector—from music to newspapers to telecoms to internet to semiconductors and anything in-between—has become subject to a gigantic market failure in slow motion. A market failure exists when market prices cannot reach a self-sustaining equilibrium. The market failure of the entire information sector is one of the fundamental trends of our time, with far-reaching long-term effects, and it is happening right in front of our eyes.
Eli Noam in: "Eli Noam: Market failure in the media sector" at news.ft.com, February 16 2004
Telecommunication
Telecom was the golden goose which laid the golden egg. The Supreme Court ensured that the golden goose will never lay golden egg again for a little while.
Kapil Sibal On the Supreme Court's decision to cancel 2G spectrum licences, as quoted in Telecom sector not to lay 'golden egg' for a while, thanks to Supreme Court: Kapil Sibal, The Economic Times (3 April 2013)
