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Impact of COVID-19 on Telecommunication sector in Australia., ? - Coggle…
Impact of COVID-19 on Telecommunication sector in Australia.
Five forces
Buyers
Decrease the power of the buyer
Highly rely on telecommunication due to quarantine
Suppliers
Increase the power of the supplier
Increase the revenue
Increase new opportunities
Competition
Video conferencing becomes a trend；e.g. Skype, Zoom
Potential Entrants
Virtual meeting software
Virtual education softwar
Virtual day today activities
Substitutes
Online virtual tools, Live chat tools
PESTEL
Political
Government shut down the borders and ask people quarantine compulsorily→ more rely on telecommunication
Environmental
Sociolcultural: unstable society; lifestyle change; anxiety and panic
Legal:
Economic: economy downturn; unemployment
Technological: fast technology development and new technology to track the routes of patients through telecommmunication
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