(Synopsis) : Critically Analyze The Customer's Preference and Satisfaction Measurement in Indian Telecom Industry
(Synopsis) : Critically Analyze The Customer's Preference and Satisfaction Measurement in Indian Telecom Industry
(Synopsis)
Raja Gupta Reg. No- 6050 2010-12
Under the guidance of Prof. Mir Irfan Ul Haq (Director and Operation)
A Dissertation submitted as a partial fulfillment of the Award of Post Graduate Diploma in Management, to the Department of Marketing
Executive Summary
The development of the telecom sector has experienced a major process of transformation in terms of its growth, technological content and market structure in the last decade through policy reforms introduced by the government. The impetus of these is expected to continue, and at a much faster pace. The study aims to analysis that with the increase in competition in telecom services, higher levels of consumer satisfaction with affordable prices and improved quality achieving or not. Wireless telephony and the Internet are expected to be the preferred means of communication as convergence of telecommunication, broadcasting and information technology progresses. The study also shows the supportive policy framework needs to be in place during this period of rapid growth and transformation. The government has undertaken the implementation telecom policy with utmost earnestness, in letter and spirit to usher in competition in almost all the services sector. The migration package to revenue sharing in place of a fixed license fee, has led to virtual take off in growth of the cellular and basic service sectors. National and International data connectivity has been opened. Liberalization of telecom sector of the Indian economy aims at improving accessibility, availability, reliability and connectivity through private sector participation and to bring about much needed improvement in the quality of the service. Through increased competition the service providers are expected to become more sensitive and responsive to the customers needs and choices and endeavor to give him greater satisfaction. The Telecom Regulatory Authority of India (TRAI) has the mandate to safeguard the customers interests and to set the standards of quality of service. The rapid technological advances which have taken place in the telecom sector have brought about satisfaction improvement in the quality of service provided to customers. With the digitalization of exchanges and up gradation of external network the fault rate has come down.
Aim:
The aim of the study is to analyze critically the customer preference and their satisfaction in Telecom Sector.
Research Methodology:
This research consists of primary and secondary research. Primary: 1. Interaction with customers by filling up the questionnaires. 2. Interview with sales and marketing personnel.
1947
Nationalizations of all foreign telecommunication companies to form the Posts, Telephones and Telegraph (PTT), a monopoly run by the governments ministry of communications.
1985
DOT established an exclusive provider of domestic and long- distance service that would be its own regulator.
1986
Conversion of DOT into two wholly government-owned companies: the Videsh Sanchar Nigam Limited (VSNL) for international
telecommunications and Mahanagar Nigam Limited (MTNL) for service in Metropolitan areas 1997 1999 Telecom Regulatory Authority of India created. Cellular services are launched in India; New National Telecom Policy is adopted. 2000 DoT becomes a cooperation, BSNL
16.59%, Idea Cellular with 11.16%, state owned BSNL with 11.05%, TATA with 10.8%, Aircel with 6.79%, and all others accounting for just about 6.93% of market share. Over the last 5 years, nine out of every ten new telephone connections have been wireless. Consequently, wireless now accounts over 95% of the total telephone subscriber base, as compared to only 40% in 2003. And the numbers are still growing for ' Indian Telecom Industry '. ' Telecom Industry in India ' is regulated by 'Telecom Regulatory Authority of India' (TRAI). It has earned good reputation for transparency and competence. Three types of players exists in ' Telecom Industry in India ' community
State owned companies like - BSNL and MTNL. Private Indian owned companies like - Reliance Infocomm and Tata Teleservices.
Foreign invested companies like - Hutchison-Essar, Bharti Tele-Ventures, Escotel, Idea Cellular, BPL Mobile, Spice Communications etc.
The ' Indian Telecom Industry ' services is not confined to basic telephone but it also extends to internet, broadband (both wireless and fixed), cable TV, SMS, IPTV, soft switches etc. The bottlenecks for ' Indian Telecom Industry ' are:
Slow reform process. Low penetration. Service providers bears huge initial cost to make inroads and achieving break-even is difficult.
Huge initial investments. Limited spectrum availability and interconnection charges between the private and state operators.
The Government Broadband Policy 2004 had a target to create 9 million broadband connections and 18 million internet connections in 2007. Broadband subscription reached 12.01 million in April 2011.' Indian Telecom Industry ' is currently expected to
contribute nearly 1% to India's GDP which is heartening and estimated to grow further and brighten the ' Scenario of Indian Telecom Industry '.