RECENT DEVELOPMENTS IN THE GLOBAL TELECOMMUNICATIONS SERVICES MARKET

This article analyzes several recent and future developments in the global telecommunications services market from the perspective of the main companies that are active in this field. Telecommunications are one of the most dynamic knowledge-intensive business services categories, which explains the attention they are currently receiving as a major ingredient in the process of contemporary growth and economic development, both in developed and emerging countries. The findings of the article reveal that telecommunications operators have to adapt to market changes by matching new user requirements. The development of voice and text applications has redefined the market over the last decade, forcing operators to make major investments driven by 5G technology and vertical integration