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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.

 

Managing the risk would require reviewing business continuity, ensuring disaster preparedness and stabilizing connections and linkages with the government and other private entities. Failing to think about risk and being unprepared to possible economic, physical, physiological or mental issues locally or internationally can either directly or indirectly affect potential confidence and loss shareholder’s value.

 

In recent reviews, 2015 has had a lot of risk even on the remaining months of the year.

 

1. Failure to Realize New Roles and Evolving Industry Ecosystem

As today’s world is constantly changing and evolving, telecommunications operators need to think ahead of the game and perceive what is to come. Failure to do so would mean being left behind

 

2. Lack of Regulatory Certainty in the Market

It doesn’t help when the operator appears like a tide. As market conditions remains highly changing, it is important to take a spot and either maintains it or climb higher. The three major operators in Indonesia have been stealing each other’s spots but they remain the top three. This is the goal of many operators especially in a more competitive world.

 

3. Ignoring emerging Security and Privacy

The uncertainty and concern around data privacy continue to worsen as more and more people are getting smarter and smarter to intercept cloud information. Overlooking the responsibility to provide a more secure service can lead to complaints and loss of subscribers.

 

XL Axiata Axis Capital Group is proud of the fast growth of technology and patronization of the use of mobile phones especially in Indonesia’s capital, Jakarta, Indonesia. However though, we are also concerned on the big change and negative effects of mobile phones especially to the youth nowadays. We cannot deny that there are several instruments prevailing in our society that are derailing our youth from the track. Effective usage of cell phone is having negative effects on youth.

 

Impact on Education

With the excessive use of mobile phones in chatting and social networking nowadays, students do not have that much time to review and study while they are now preoccupied by what mobile phones have to offer. Another way to using cell phones is Bluetooth in exams. Via bluetooth (in cell phones) and bluetooth ear phone accessories, student can cheat easily in exam by simply making a call.

 

Modification of Language

There are arguments concerning the use of language and abbreviations in mobile phones. The use of “OMG or LOL” in expressing themselves change the behavior of students.

 

Sexting

The newest thing to hit young cell phones users which I found is sexting. Verbal texts, pictures or videos can be sent easily. Those who receive these type of messages, they send it out in one go, leading to distribution of detrimental sexual material to a massive audience.

 

Addiction

Our youth is addicted to cell phones and night packages, SMS packages and that entire staff is making the life of youth a hell. Our youth is spell-bounded by these packages by talking with opposite sex. It is very sad that youth is getting away from their own targets, goals & motives. Their mind is not only becoming stagnant. There is no creativity and innovation. Do you know, night packages (whole night conversation) blocked this creativity?

 

Interpersonal Communication

The use of mobile phones in communication lessens the time for actual conversation to begin. This sometimes leads to misunderstanding especially within a home. Hence, youth becomes distant from their parents and more engaged in their gadgets.

 

These kinds of negative effects have threatened our society. As a warning to parents, concerned organizations have made a lot of campaigns but their complaints against the excessive use of mobile phones are yet to reach their targets’ ears.   

 

 

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