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  • Essay / General Environment of T-mobile - 1823

    For this report, our team performed an analysis of the general environment regarding T-Mobile. Topics examined include economics, demographics, technology, legal and political events, and social attributes. Important events and trends regarding the segments are analyzed throughout.EconomyCompared to the rate of several decades ago, the mobile usage rate is booming these days. Developments in general economics and technology are revolutionizing people's lifestyles and taking mobile commerce into a new page. Nowadays, business trends could still make a huge difference in these mobile phone companies. Mobile is the premier access device as people connect with others, find entertainment and do business, all with smartphones. Mobile phone prices never exceed $1,000 in today's world. They are affordable and accessible. Due to changes in the global and domestic business environment, people own 1-2 cell phones on average. However, mobile markets in the United States appear to have been saturated. T-Mobile began exploring developing country markets to increase market share and maintain profits. "As penetration rates in many developed regions like Europe approach 90 percent or more, mobile operators and phone makers are looking to new markets where people may have never even landed a phone. regular phone," said Marguerite of CNET News. For example, T-Mobile is making important decisions in developing markets in emerging markets, including China. Cooperation with China Mobile not only helps T-Mobile establish itself in China, but also provides it with the opportunity to develop new international businesses between China and the United States. What is important is that this trend greatly increases the potential customer base because most of these people did not have cell phones when they lived in rural areas. Furthermore, urbanization has boosted urban business and economy, which in turn indirectly boosts mobile phone consumption. In summary, the mobile industry has benefited immensely from certain social events such as immigration and urbanization.ConclusionIn conclusion, current trends and important events regarding T-Mobile have been examined. Careful consideration was given to economics, demographics, technology, political and legal issues, and social characteristics. T-Mobile is strong across the board, with surprising stats supporting a variety of topics. The economy is strong, the demographics aren't crazy, technology is improving, there isn't a huge political or legal scandal, and T-Mobile is socially strong..