Impact of COVID-19 on the Telecom Industry Around the World
COVID-19 pandemic was a declining precipitous for the world’s economy. It distorted people’s lifestyles across the globe and caused many small startups to shut down their operations. Whilst, telecom industry benefited from this plague around the world. The distant course of lockdown in most countries, the ban on traveling around the planet restricted the public to have any physical conversations with their loved ones, relatives, friends, or colleagues. To overcome this surge of apart relations, people directed their mode of conversation to telecommunications, office employees started to telecommute, and schools started online classes to compensate for their student’s studies. These services brought an incline in the voice and data services of the telecom industry. The implementation of digital services escalated during this epidemic. 80% of marketing tactics switched to digital marketing, streaming services such as Netflix, Amazon Prime, Apple TV, Hulu or any other med...