A telecommunications company and media houses are primarily responsible for the transmission of signals, messages, information, and infotainment. This industry majorly focuses on new technologies.
The 3 Types of Telecoms & Media Companies
1. Information Service Companies like Penguin House, Hachette Book Group & Harper Collins
These are companies or organizations such as publishing houses that provide knowledge and information on a variety of current topics for the masses. People in this sector know what is happening in their community, country, and elsewhere.
2. Media Companies like ViacomCBS, Sony Music Publishing, and The New York Times Company
This is a comprehensive area covering various subtypes like digital media, books, newspapers, magazines, and radio and television networks, to name a few.
Digital media works in an electronic format, so you have e-books and e-newspapers as an example. Published literary works like paperbacks provide both knowledge and entertainment to people.
The radio and television have numerous channels that chiefly provide entertainment and bring news and other public information to the masses.
3. Telecom Companies like DirecTV, AT&T, and Cisco
An example can be AT&T, it generates revenue through its subscription mobile, fixed-line, and wireless broadband services, and through the provision of business services. AT&T’s Business Solutions segment is the Company’s largest, accounting in 2015 for more than $71 billion in annual revenue.