Financial Resources Management: A Comparative Study of Indian Telecommunication Sector

Author(s):  
Vivek Sharma

As we all know that in the present time of technology peoples of whole world are directly or indirectly connected each other and telecommunication sector plays a significant role in this connectivity. India's telecommunication network is the second largest network in the world based on the total number of telephone users (both fixed and mobile phone) and it has the world's third-largest Internet user-base. According to the Internet and Mobile Association of India, the Internet user base in the country stood at 190 million at the end of June, 2013. The performance of any organization depends upon the proper and efficient management of financial resources. The better management of financial resources positively affects the solvency, turnover and earning capacity. Under this research paper four major Indian telecommunication companies are selected and various ratios as current ratio, debt-equity ratio, assets turnover ratio and net profit ratio have been calculated for the purpose of comparison of the solvency, turnover and earning capacity in respect of financial resources management.

Author(s):  
Leo Tan Wee Hin ◽  
R. Subramaniam

Since the inception of the plain old telephone system (POTS) in the 1880s, it has formed the backbone of the communications world. Reliant on twisted pairs of copper wires bundled together for its operation, there has not really been any quantum jump in its transmission mode, except for its transition from analogue to digital at the end of the 1970s. Of the total bandwidth available on the copper wires, the voice portion, including the dial tone and ringing sound, occupies about 0.3 %—that is, the remaining 97.7 % is unutilized This seems to be poor resource management as prior to the advent of the Internet, telecommunication companies (telcos) have not really sought to explore better utilization of the bandwidth through technological enhancements—for example, promoting better voice quality and reducing wiring by routing two neighboring houses on the same line before splitting the last few meters. Two possible reasons could be cited for this. Advances in microelectronics and signal processing necessary for the efficient and cost-effective interlinking of computers to the telecommunications network have been rather slow (Reusens, van Bruyssel, Sevenhans, van Den Bergh, van Nimmen, & Spruyt, 2001). Also, up to about the 1990s, telcos were basically state-run behemoths which had little incentive to come out with innovative services and applications. With deregulation and liberalization of the telecommunication sector introduced in the 1990s, the entire landscape underwent a radical change that saw telcos instituting a slew of services, enhancements, innovations, and applications; in parallel, there was a surge in technological developments facilitating these. Prior to the advent of the Internet, POTS was used mainly for the transmission of voice, text, and low resolution graphics—the latter two are in relation to facsimile machines which became popular in the late 1980s. The POTS network is, however, not able to support high bandwidth applications such as multimedia and video transmission. Because of the ubiquity of POTS, it makes sense to leverage on it for upgrading purposes in order to support high bandwidth applications rather than deploy totally new networks which would need heavy investments. In recent times, asymmetric digital subscriber line (ADSL) has emerged as a technology that is revolutionizing telecommunications and is fast emerging as the prime candidate for broadband access to the Internet (Tan & Subramaniam, 2005). It allows for the transmission of large amounts of digital information rapidly on the POTS.


2021 ◽  
Vol 2 (2) ◽  
pp. 131
Author(s):  
Alifa Jauzaa ◽  
Heni Hirawati

This research aims to analyze the financial performance of telecommunications sektor companies judging from profitability ratios which unclude ROA, ROE, and NPM period  before and during the Covid-19 pandemi. Covid-19 has an impact on the weakening of various sektors of the economy. Nevertheless, there are still some sektors that are able togrow. One of them is the telecommunications sektor. The internet plays a big role in community activities that are generally carried out online, causing an increase in the performance of telecommuniciation issuers. The data used in this study is the financial statements of telecommunication companies listed on the Indonesia Stock Exchange quarter 2 of 2019-quarter 1 of 2021 and analyzed using descriptive methods. The results showed that the financial performance of telecommunications sektor companies was guided by the average value of profitability ratios that include ROA, ROE, and NPM obtained results that during the covid-19 pandemi were first confirmed, overall, the average financial performance of telecommunications sektor companies has increased. Assesment with the analysis of Hotteling’s T2 test also provided results that there was no difference in financial performance in terms of the profitability ratio between before and during the covid-19 pandemi


Accounting ◽  
2021 ◽  
pp. 763-770 ◽  
Author(s):  
Anis Ali

Liquidity refers to the paying ability of the business organization while profitability assesses the profit earning capacity of the business organization. The liquidity of the business organization can be bifurcated into two based on time i.e., short-term and long-term liquidity. The short-term liquidity reveals the operational efficiency while long-term liquidity refers to the financial capability to repay the long-term debts of the business organization. The short-term paying ability is the management of the working capital or efficient management of the current assets and current liabilities. The current assets and current liabilities are directly related to the revenue of the business and further affected by the profitability, indirectly. The long-term paying ability or financial health of the business organization is reflected by the debts and equity ratio. The energy sector of Saudi Arabia is a prominent sector and contributes to the economy progressively. The study is based on secondary data and reveals the long-term and short-term liquidity variations and the cohesiveness of long-term and short-term liquidity with the revenue and profitability of energy sector companies. The study reveals the significant variations in the short-term and long-term liquidity and cohesiveness between the revenue, profitability, and short-term and long-term liquidity of the energy sector companies.


2020 ◽  
Vol 2 (7) ◽  
pp. 32-38
Author(s):  
S. S. BUDARIN ◽  
◽  
Yu. V. EL’BEK ◽  
V. O. VATOLIN ◽  
◽  
...  

In the context of the Moscow healthcare reform that has been carried out in recent years, the issues of evaluating the effectiveness of financing the healthcare system and the performance of medical organizations in providing medical care to the population are particularly relevant. Given the limited public resources allocated to the health sector, the quality of management of available financial, human and material resources is becoming more important. The article considers the application of the method of assessing the quality of resource management, introduced in Moscow since 2016, and its results in terms of evaluating the effectiveness of financial resources. It is revealed that the effectiveness of financial resources management is influenced by certain indicators that characterize the organization of management of the main activities of a medical organization.


Author(s):  
Mohammad Fateh Ali Khan Panni ◽  
Naimul Hoque

Customer Knowledge Management (CKM) has become buzzword in modern knowledge driven society. As an innovative concept the study has attempted to find out the level of orientation of CKM practices in telecommunication sector in a developing country like Bangladesh through data and methodology triangulation approach. In the first phase of the study, quantitative technique has been used where data has been collected from 42 employees from major telecommunication companies such as Grameen Phone (GP), Banglalink, Robi, Airtel and Teletalk. In order to find out the details explanation of the quantitative results, an extensive open-ended survey has been conducted on experienced mid-level employees. In the last phase of the study, a Focus Group Discussion (FGD) was conducted on selected knowledgeable educated customers to cross check the results derived from the corporate people in order to ensure the reliability of the study.


2017 ◽  
Vol 16 (3) ◽  
pp. 63-71 ◽  
Author(s):  
Łukasz Satoła

This article describes investment activities of self-government territorial units. Its aim is to present the importance of investments for the provision of public services by municipalities. The opinions of the respondents about the causes of excessive or misguided investments and the ways of reducing their scale were presented. Surveys were conducted in 2015 and the temporal scope of the analysis is 2009–2014. The importance of investments for the provision of public services, shaping the living conditions of inhabitants, and conducting business activity were described. Based on that, overinvestment was identified as a negative trend in public resources management. The most frequent causes of excessive investment are megalomania of the municipality authorities and their desire to gain the support of the inhabitants (voters). Another important aspect is the lack of sufficient social control in the decision-making process regarding investment tasks execution. It was also demonstrated that overinvestment is due to the purpose of spending financial resources, not to the relative amount of investment expenses. Among the actions preventing excessive or misguided investments, the cost and benefit analysis was indicated the most often. Using strategic planning tools is also beneficial for the effectiveness of investing in self-government.


2017 ◽  
Vol 5 (9) ◽  
Author(s):  
J. Saldaña ◽  
M. Palomo ◽  
M. Blanco

Key words: Capita asset price, financial expectations, operative factorsAbstract. The value of telecommunication companies measured in terms of their stock value, may be explained not only by their historical financial results and their financial expectations, but also by the evaluation of other operative factors such as: technological change, organizational change, market strategy, acquisition cost, customers portfolio, fusions and institutional changes (regulations). Due to the importance of the telecommunication sector inthe stock market, as well as in the national economy, an analysis which improves its knowledge and allows a better valuation of these companies is required. Models for asset pricing CAPM (Capital Asset Price Model) and APT (Arbitrage Price Theory) have been developed and proved outside national context, besides, according to theory; their effectiveness for determining stock price depends on the stock market efficiencyPalabras Clave: Expectativas financieras, factores operativos, fijación de precios de capitalResumen. El valor de empresas de telecomunicaciones medidos en términos del valor de sus acciones, no solo se explica por la valuación de sus resultados financieros históricos y sus expectativas financieras si no también por la valuación de otros factores operativos tales como cambio tecnológico, cambio organizacional, estrategia de mercado, costo de adquisición, valor de la cartera de clientes, fusiones, y cambios institucionales (regulaciones).Por la importancia que presenta el sector de telecomunicaciones en el mercado de valores y en la economía nacional, se requiere de un análisis que permita su mejor conocimiento y control del valor. Los modelos desarrollados para la fijación de precios de activos; CAPM (Modelo de Fijación de Precios de Capital) y APT (Teoría de Fijación de  Precios de Arbitraje) han sido generalmente probados y desarrollados fuera del contexto nacional y su nivel de efectividad para determinar el precio de una acción y que de acuerdo a la teoría depende fundamentalmente del nivel de eficiencia del mercado de capitales.


2015 ◽  
Vol 3 ◽  
pp. 361-367
Author(s):  
Kamila Peszko

The development of IT technology has provided people with free access to the Internet, which is now a place for consumers to look for opportunities to share their observations with others. The Internet user wants to be more aware, and willingly participates in the development of emerging brands. Companies have also found their place on the Internet, where they source information from Internet users. They realize the power of the consumer as a source of marketing information, and "take advantage" of consumer behavior to promote their brands. They analyze information about consumers, especially consumer preferences, and then publish this via social media in ways that might appeal to users and lead them to share it with others. This study describes this relationship between consumers and marketing via the Internet, and how the consumer is a source of marketing information, because of the possibilities created for entrepreneurs in the information society.


Water Policy ◽  
2021 ◽  
Author(s):  
Ajmal Khan Shams ◽  
Nur Shazwani Muhammad

Abstract Afghanistan has abundant water resources; however, the current state of affairs is dismal because of the lack of integrated water resources management (IWRM) practices and prolonged war and conflict in the country. Therefore, there is a need for a systematic approach to water management, which can be materialized by integrating IWRM and the water–energy–food (WEF) nexus approach to maintain a critical balance of available water resources and their various uses at the national level. This study provides a comprehensive assessment of Afghanistan's water resource management, including the current state, challenges, opportunities, and way forward. The identified challenges are categorized as social and environmental issues, engineering and technical and regulatory, policy and government role. These challenges are inter-connected and a novel framework toward the implementation of IWRM and the WEF nexus in Afghanistan is proposed. This framework can be used by the relevant stakeholders to prepare a roadmap for sustainable management of water resources. Such integrative approaches will enhance Afghanistan's water, food, and energy security and significantly contribute to its economic development. Moving forward, the Afghanistan government must play a crucial role with regards to the efficient management of the country's water resources in an integrated manner as suggested in this paper.


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