Telecoms
(noun)
The industry that is responsible for the development, maintenance and operation of communication networks and services.
Origin:
The word telecoms comes from the combination of the words "telecommunication" and "coms".
Examples:
- The telecoms industry has grown rapidly in recent years, with the widespread adoption of smartphones and internet services.
- Telecoms companies provide a variety of services, such as phone and internet services, television, and mobile networks.
- Telecoms infrastructure is critical for the functioning of a modern economy, it enables businesses and individuals to communicate and access information.
- The Telecoms industry is facing increasing competition and regulatory pressures.
- Telecoms companies are also investing in new technologies such as 5G and IoT to stay ahead of the competition.