Telecommunication services in Massachusetts
The Commonwealth of Massachusetts has a strong will in analysis of the challenges facing communications policymakers. The importance of Massachusetts telecommunication services is big enough, in comparison with various other states or the nation as a whole. The economy is based on information-demanding industries such as medical care, technology, financial services and education. As the telecommunications industry go through a fundamental and welcome change from monopoly to competitive markets, the challenge of communications policymaking is to energize the execution of latest infrastructure for the advantage of all citizens as control of pricing shifts from government to the competitive marketplace.
State governments should manage in a consistent manner with the objective of promoting powerful competition in all telecommunication markets. Competitive markets will enhance the economic capability of the industry and assure development of superior networks that are affordable and sensible to demands of customer. In addition, the advance of competitive markets will empower government to minimize its accustomed role of supervising the telecommunications industry and governing its prices. In addition to the objective of complete competition in telecommunications, Massachusetts telecommunication services must reserve the objective of global service. However by working together, state and federal policymakers, must develop processes for getting hold of the global service that can coexist with competitive markets.
Significance of telecommunications in Massachusetts
It would be hard to emphasize the significance of the telecommunication services to the economic benefits of Massachusetts. In near future, the telecommunication networks will be as significant to Massachusetts as railways, roads, canals, harbors and bridges were to Massachusetts when economy was ruled by basic manufacturing industries like leather and textiles.
Health care – Medical laboratories, Nursing facilities, Hospitals, Physicians’ office, bio-medics, medical research, pharmaceuticals and medical instruments.
Services in knowledge building – Educational institutions, basic research institutions, Research and development laboratories, engineering firms, legal firms, consulting firms, and printing and publishing companies.
Financial services – Insurance, asset management, venture capital, Banking and real estate.
Information Technology – Software development, information retrieval services, computer and peripheral manufacturing, information technology professional services, precision instrument manufacturing and electronics components manufacturing.
These four industries primarily conduct businesses in information-products that do not need transportation, but surely need superior and reliable telecommunications networks. Success in each of the industries rely upon the analysis, creation and distribution of knowledge and this method is becoming increasingly dependent on superior telecommunication networks, capable of transmitting huge amounts of data.
The teacher ability on academic interest along with other aspects such as financial and medical reports depends on tele-communications. So also, developing new projects at different locations depend on such facility. If Massachusetts telecommunication services are not superior or comparable to networks in other states and countries, the competitive benefits will be at risk for these four primary industries.
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