Tech-economic Analysis Of Telecom Services

On the theories of Microeconomics and Technical Economics, this paper studies tech-economic properties of Telecom Services from the point of view of Product.This paper firstly introduces the definition of telecom, the implication and the subdivision of telecom industry, and the classifications and the technical features of telecom services.Secondly, this paper briefly presents actualities of the supply and demand of telecom services, and in the meantime emphasizes the fact that telecom industry retains the traits of traditional demand curve but with unconventional methods of supply within New Economy ?it has no tangible supply curve.Using the definition of Traffic Volume for reference and considering the specialties of data communication technologies, this paper brings forward Generalized Actual Telecom Exchange Volume (GATEV) to represent the supplied quantity of Telecom Services. GATEV means the number of communication channels or the volume of information content consumed by users within a certain period of time. According to GATEV, this paper theoretically analyzes the marginal utility, the external effect and the economy of scope of Telecom Services, and further analyzes the tech-economy of Telecom Services. These studies show that:· Being the carrier of Information, whose marginal utility increases by degrees, Telecom Services earn the same property as the cargo.· The external effects of Telecom Services find expression in three aspects: beneficial externality, social welfare, and external economy.· During the process of the business operation, it's significant for telecom operators to make use of the trait of economy of scope of Telecom Services to decentralize the investment risk and take full advantage of new market opportunities.· The particularities of Telecom Services different from those of average industrial products have a very close relationship with the development oftelecommunications. Telecom servings are the economic activities by request of the strictest technology level. The core of Telecom Services is technology. Technical progress is a fundamental reason for the transform of the managerial system of telecom industry, and meanwhile accelerates the improvement of Telecom Services. Advance, maturity and marketability compose the technical value of Telecom Services; so we should prevent the disjunction among them when making a development planning for a concrete telecom service.The empirical analysis in this paper studies the differences between China Mobile Communication Services and China Wireless Pager Services in tech-economy. It concludes that China Mobile Communication Services will substitute China Wireless Pager Services ultimately because of the increasing comparative advantages of Mobile Communication Services.At last, this paper sketchily describes the current competition structure of China Telecom Services market and the impacts on China Telecom Services brought about by the nation's entry into the WTO, and puts forward the countermeasures for telecom operators and government to improve Telecom Services in China.