Isaiah Perry
Telecommunications Risks
Telecommunication is one of the present day emerging markets and like any other industry, it too has its own risks operating with unstable changes and developments. Many operators admit that their decisions to enter telecommunications industry are because of the large economic gain. On the field of action, they become exposed to dirty factors in business, fraud, theft and not to mention varying weathers and calamities
Developing nations are harder to precipitate with more issues and conflicts to adhere. There are political struggles, ethical restrictions, torpid weathers, illiteracy, availability of pertinent technology and support from people and the government.
Lucky are those local companies who have already established its claims to in a certain country. Axiata companies operating in Indonesia, Singapore, Malaysia and Hong Kong has expressed the hurdles they have overcome in order to intercept and dominate the mentioned Asian countries. Their last move of purchasing Axis Capital Group, one of the top ten leading telecommunications company in Indonesia and integrating it to XL Axiata Indonesia has proved they are continuously maintaining their rank in the industry. Their standing remains unstable when two other large companies, Telkomsel, a government-based company and Indosat has prevailed the city of Jakarta.