The work describes the current trend in the mobile communications industry. Then it details a PEST analysis on the industry globally. This will include the effect and impact of regulations and deregulations on the mobile communications industry. The economic impact the industry has had on both developing and developed nations. What the new technological changes and the consequences hold? What are the impact and benefits of convergence within the industry? What could possibly unfold in the future for the industry? A few future scenarios, in which the mobile communications industry might dwell on, have been analysed.
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