2012-08-31 11:25:04 - Chinaâs Telecom Industry â PEST Framework Analysis - a new market research report on companiesandmarkets.com
Starting from the year 1994, the Chinese government has gone for major reforms in the telecommunications industry that was marked by monopolies and inefficiencies. In a span of ten years, the Chinese telecommunications industry has changed from a highly regulated market dominated by the monopolistic China Telecom into a market featuring limited competition. Currently there are six major telecom carriers in China-China Mobile, China Telecom, China Netcom, China Unicom, China Railcom, and China Satcom with none of the carriers having a market share of more than 40%, and in each business segment, including the fixed-line market, at least two carriers are competing with each other.
Aruvian´s R´search analyzes China´s Telecom Industry in a PEST Framework Analysis. A PEST analysis is concerned
with the environmental influences on a business. The acronym stands for the Political, Economic, Social and Technological issues that could affect the strategic development of a business. Identifying PEST influences is a useful way of summarizing the external environment in which a business operates.
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