Mobile money transfer

Mobile money transfer is a revolutionary step, introduced by the mobile remittance service providers in the country .It has given the opportunity for millions of migrant workers to transfer their hard-earning money effortlessly, efficiently and promptly. Even a few days ago, money transfer agencies were very rare in the rural areas and it was also very tough to use bank or agencies. Most of the time, the sender had to rely on the fellow workers, traveling home. Banks or agencies take 4/5 days or sometimes more. The introduction of mobile remittance service has brought that down to a few minutes.

Framework of the factors of mobile communication in Bangladesh

The present study was designed to investigate the prospect of mobile communication in Bangladesh. In order to meet the aims and objectives, the present study has utilized a secondary data analysis on the subject matter. The issues and aspects covered by the present study are; customer analysis, competitor analysis, SWOT and PEST analysis, Porter’s five forces analysis, application of BCG matrix, application of marketing mix, etc. it was assumed that through the utilization of the above strategic tools it would be possible to have a clear picture of the studied topic.

Conceptual clarification of mobile communication in Bangladesh

Mobile phone is a telephone system that works without any wire. Mobile phone is one of the wonderful wonders of science. It has added a new dimension to our life and to communication system. It can be moved easily and quickly from place to place. Through mobile phone we can send message to distance places, play games, know about time, solve work of calculation, and be aware of different kinds of news and views. At present the popularity of the mobile phone is increasing.

Review of mobile communication in Bangladesh

There has been a number of research works conduced on mobile communication and the performance of the industry over the years in Bangladesh which mostly covers the factors of success and failure, effective marketing strategies, determinants of acceptance, risk analysis, relative benefits, problems and challenges for both parties i.e. the service providers and the customers. Also there has been some studies covered the present topic but as the organizational changes is a continuous process and the dynamics of current business environment, conducting a study to identify the very recent trends i.e. the potential of the industry is very much relevant and important.

Prospect of mobile communication in Bangladesh

“Watson, come here: I want you.” This was the first message ever transmitted from one place to another, through a device called telephone. American genius, Alexander Graham Bell (1847-1922) along with his assistant Thomas Watson invented the device. It was March 10, 1876, an important day for human civilization, the first step towards developing means of communication. We’ve come a long way since then. Today, mobile phone is a part of our everyday life. Nowadays, the mobile phone is not only used for making calls, among many other functions it’s used for communicating through text-messages and so called multi-media messages, as well as to connect us to the internet. The opportunities that lie in the mobile communication market seem endless and the growing demand for mobile telephone systems is creating a world-wide market. The telecom industry is nowadays not only by means of millions, but by means of billions. Actors in this industry are seeking the most profitable markets throughout the world.