The telecommunications sphere is very profitable, and therefore interesting from the point of view of investment. Even if you do not have a large starting capital, you can start a profitable business in this area, which will pay off quickly. We offer you 6 ideas to start your own telecommunications business. They include options to get income from both sales of goods and services.
1. Selling smartphones
Today, users need mobile devices to communicate. Smartphones and tablets take the place of computers and laptops. A huge demand for such products is observed on the market that allows an entrepreneur to make a handsome profit from its implementation. However, you must understand that the competition is very high in this niche.
2. Selling cards to replenish the balance
As of 2016, 63% of the world population uses cellular communication. It is predicted that by 2017 this figure will reach 64.5%. In order to use the services of mobile operators, each user needs to regularly top up the SIM-card balance. Therefore, special scratch-cards to replenish the balance are bought in huge quantities every day. Their sale is one of the most win-win ways for an entrepreneur to get stable and high profits.
3. Providing communication services
People will always make and receive calls, making it aperfect opportunity to make money. The annual income of cellular operators, for example, is about 1.3 billion dollars. You can arrange for your own telecommunications network and sell your services. For example, it is very profitable today to provide users with cheap VoIP calls. Companies of the best voip provider category make tens or even hundreds of thousands of dollars a month. In order to organize the business, you need to invest in the purchase of specialized equipment and software.
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4. Providing Internet services
It is another great way to make a profit, because today internet services are in demand in every corner of the globe. You can, for example, open an internet café, or set up a wireless access point. People will pay you money for access to the global network.
5. GSM Termination of International Traffic
This is perhaps one of the most lucrative businesses in the telecommunications sector. With minimal investment, you get fast and stable income. VoIP GSM termination is to redirect international calls to local and earn on the difference in value. By providing voip termination services, you can make from $ 1,000 per month, using a minimum of equipment.
By placing several multichannel GSM gateways to terminate advantageous routes and cooperating with reliable originators, you can make 10,000-15,000 dollars monthly. It all depends on traffic volumes provided by transit companies for the termination, as well as on the number of SIM-cards that are blocked by operators’ antifraud systems.
We hope our list of business ideas inspire you to create a successful startup in the telecommunications market.
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