With the growing number of telecom companies in India, the modern Telecommunication industry is brimming up with mounting competition between the service providers and customer acquisition. Retention of the acquired customers have become a challenge for the service providers. For the new entrants into this competitive market, acquiring the new customers is on highest priority
Online PR News – 26-August-2011 – – With the growing number of telecom companies in India, the modern Telecommunication industry is brimming up with mounting competition between the service providers and customer acquisition. Retention of the acquired customers have become a challenge for the service providers. For the new entrants into this competitive market, acquiring the new customers is on highest priority, whereas for the incumbents, retaining the revenue is the concern. Professional business decisions need to be taken to keep a company abreast in the cut throat competition. This has led the educational institutions to come up with a professional, AICTE approved course, 'MBA in Telecom'.
Acquiring customers is easier than the challenging task of retaining them for a long period of time. In the Telecom industry it affects the profitability of the service providing company if a customer shifts its preference to some other company before the company could earn back the investment incurred in acquiring the customer. Therefore, it is on high priority and a critical aspect for the company's profitability, to identify the potential clients and retain them.
With the dawn of the concept, 'customer is the king', it has become important for companies to determine the reasons behind a customer leaving the service of the company and also finding ways ways to efficiently retain a customer by providing quality products and services. So it has become increasingly challenging to devise a cost-effect method to devise strategies profitable for the company in the long-run. The relevantly new course of MBA in Telecom aims at generating profits for telecom companies by using professional management techniques.
MBA courses have helped over 450 businesses to reliably cut costs and improve profits the same. With this potential, MBA in Telecom seems to have a bright future not only in India but all over the world. MBAs have the expert knowledge and experience to avoid difficulties and repair the damages done, while helping clients avail reliable telecommunications services at substantially lower costs.
With 27 years of excellence in education, MIT School of Telecom Management(MITSOT), backed by the telecom industry, blends the technical & managerial skills of professionals to create future managers and entrepreneurs in telecommunications. We attract the brightest students from all over the country and also proud to cater to a host of international students as well. Armed with an AICTE approved course, we guarantee the pass outs of our college with the best paid job offers in the telecom industry.