Tell me about the telecommunications sector
The telecommunications sector is composed of companies that provide services such as telephone, internet, and television. These services are enabled by a large network of infrastructure, including cell towers, fiber-optic cables, satellites, and switching centers. This infrastructure is used to transmit data and voice across geographic distances. The sector is a major driver of economic growth, with the global telecommunications market estimated to reach $1.6 trillion by 2021. It is also an important provider of employment, with an estimated 3.9 million people employed in the sector worldwide. The sector is highly competitive, with companies competing on price, quality, and innovation. Additionally, the sector is heavily regulated, with government entities setting standards and policies to ensure a safe and reliable network.