Impact Of Brexit On UK Telecommunication Industry Research Proposal Sample

Introduction Of the impact of Brexit on the UK Telecommunication industry

Background of the study

Brexit is a combination of the words which are British and exit that was joined to mention the Uk's conclusion in a 23th of June in 2016, Survey to leave the EU. Brexit took place at 11p.m. on Greenwich Mean Time, 31st of January, 2020. The EU and U.K. are stuck in a temporary free trade contract of possessions without quotas or tariffs. Moreover, the main details of the future relations end up unclear, like trade in services, which mixed up 80 per cent of the United Kingdom economy. This prohibited a no-deal Brexit, Which is damaging the U.K.'s economy. The size of UK telecom market was prized 54 billion in the year 2021 and it is expected to grow at a CAGR of more than 2 per cent throughout the forecast period in the year 2021-2026. This would be determined by continuing 5G network enhancement by the government and MNOs that would enhance in 5G services implementation. The plan of the government supports by Telco and alternative networks to focus on 100 per cent fibre-optic reporting by 2033 and growing implementation of IPTV and DTH services. There are many telecom companies in the uk but major are EE, Virgin Media and Sky. The sector of telecommunication sector includes infrastructure and some services that enable electronic communication.

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Research aim and objectives

Aim of the current study is to ascertain the influence of Brexit on UK telecommunication industry

Referring above aim following objectives has been drafted:

• To develop an understanding of Brexit and its impact on firms within UK.
• To study the factors which impact operational aspects of the telecommunication sector.
• To analyse challenges faced by the telecommunication industry due to Brexit.
• To recommend competent strategies to firms operating within the telecommunication sector for enhancing operational performance.

Research questions

Q.1 How will Brexit affect the UK telecommunication industry?

Q.2 What are the opportunities and challenges that Brexit present for telecom providers?

Q.3 What is the future of the telecommunication industry in the UK?

Q.4 What are the recommendations needed for telecom providers to cope with the impact of Brexit?

Rationale of the study

Departure from the EU will need the United Kingdom to have new trade promises and regulation for businesses. These kinds of new rules and regulations are forecast to have an overall impact on how telecoms industries can bring out business in both terms short and long. Presently, all telecoms must detect to a monitoring framework. The research issue is Brexit which impacts the telecommunication industry, the changes which needs to be done in regarding the issues. Brexit is the transformation of the personal data between the EU and UK, Which has been no longer allowable by default. The main factors of Brexit are immigration, sovereignty and the economy and anti- formation politics among the numerous other impacts. The end result of the survey was 51.8 per cent of votes were in the support of leaving the EU. Brexit puts the numerous impacts on the telecommunication due to which UK has to face the some problems.

Significance of the study

Current study and its outcomes will prove be beneficial for the students who want to study on the same topic. By analysing, Brexit's impact on telecommunication sector, the government can take steps to development of the telecommunication and potential importance of it. The study will develop knowledge about the concerned aspects and thereby helps telecommunication firms in introducing new ideas, perspective about it. The potential implication of the study can improve the policy and practices. This study describes why is the research problem is assets investigating and relates to existing knowledge. The telecommunication benefits the overall business to operate on the every level, that can lead to a vast increase in effectiveness.

Literature review

Theme 1: Brexit and its impact on UK telecommunication firms

According to the view of Abuzayed, Al-Fayoumi and Bouri, (2022), Brexit is the name which has been provided to the Uk's leaving from the European Union, It is a mixed up of the ‘Britain' and ‘Exit'. As a stated by secondary sources it was the removal of the UK from the European Union which was happened on the 31st of January 2020. The United Kingdom is only one independent country who has left the European Union. United Kingdom was a national member of the EU. Denaturing from EU will necessitate having new profession settlements and regulation for the businesses. Due to new guidelines which are assumed to might have an impact on how telecoms organizations can bring out business in the short and long terms. Presently, every telecoms company must stick to EU guiding framework. The UK is no more governed by European regulations and laws as a consequence of Brexit. The UK government is given an opportunity to establish its own system of regulation for the telecommunications sector. Although this could end up resulting in less restrictive legislation and possibly a smaller amount ofadministrative expenses, it additionally brings about unpredictability as the sector responds to the latest laws and requirements.

Thissen and et.al., (2020) argued that before Brexit, UK telecommunications providers enjoyed unlimited entry to the Common Area inside the European Union, allowing companies to carry out businesses everywhere throughout the European Union. They are going to face additional limitations on trade while conducting business using countries in the EU after Brexit. Tariffs, border procedures and conformance to recent rules and regulations may all contribute towards rendering. It is easier for UK businesses to present operations and participate within the markets of the European Union. Due to the EU's transparent borders, UK telecommunications firms have the opportunity to hire a broad spectrum of expertise from other member states (Egan, 2020). Brexit has ended up resulting in new recruitment rules and limitations on employee activity, which might have an influence on the business's capacity to attract and keep talented individuals. Brexit-related uncertainty has prompted investors to take careful choices concerning investments and express concerns. The absence of assurance concerning anticipated negotiations on trade and conditions in the market could leave an impact on financing possibilities and theoverall financial sustainability of UK telecommunications companies.

Theme 2: Factors which impact operational aspects of telecommunication sector

In accordance to the views of Harcourt, (2023) many variables, from thelatest advancements in technology to government laws and the dynamics of the market, havea bearing on the day-to-day operations of the telecommunication company operations. Rapid advancements in technology havehad an important effect on how the telecommunications sector operates. The creation of 5G technology, connection for the Internet of Things (IoT) and advancements in fiber-optic equipment are all having an impact on how telecommunications firms develop, implement and oversee their telecommunications systems and services. The reach and trustworthiness of communications services are directly affected by the availability and standard of telecommunications networks, particularly cell phone towers, cables with fiber optics, as well as data centers. The amount of development of infrastructure expenses hasan effect on the range and endurance of telecommunications networks. The business elements of telecom companies are significantly impacted by governmental rules and regulations. Legislation controlling the neutrality of the internet, theconfidentiality of data and licensing specifications may each have an effect on the accessibility, expenses and management of telecommunications services. Marketing strategies, choices for services and the rate for creativity are all influenced by the level that competition exists in the telecommunications sector.

In contrast to this Fernández-Reino and Kierans (2020) argued that costs to customers can be decreased as an outcome of high levels of competition, but it may additionally put strain on corporations to undertake more investments in system growth and service expertise. The types of offerings that telecommunications firms offer are affected by client preferences and demands. For example, the growing popularity of apps that require large amounts of data, videos that streamed smartphone gaming has increased the need for lightning-fast connections and improved availability of networks.

Montalto, Panella and Sacco, (2021) stated that telecom firms are more exposed to risks related to cyber security as a result of their growing reliance on the Internetof things. Securing customer information as well as network integrity necessitates maintaining strong safety safeguards. The workforce's skills and expertise are essential to the effective functioning of telecommunications activities. In order to keep up with swiftly evolving technological as well as business norms, continuous education and training activities are necessary. The economic factors influencing decisions regarding investments and plans for expansion for telecommunications companies includecash availability, growth in revenue and efficiency. In a market that is highly competitive, operational effectiveness and cost regulate have become essential for maintaining revenue.

Theme 3: Opportunities and Challenges that Brexit Presents for Telecom Providers

Brexit, which stands for the UK's choice to defect from the European Union, provides telecommunications companies in the UK with various opportunities and challenges. These changes will have a bearing on how telecommunications companies accomplish business, conduct business and engage in market competition.

Opportunities and Challenges:

With regards to views of Watson, Yuan and Jessica, (2023) Brexit offers numerous opportunities, First is to create opportunity to strengthen the EU's implementation rule, for instance through speeding up and enhancing the effectiveness of the mixtures are applied whenever companies act in opposing- modest way. Uncertainties: With potential modifications to regulations, agreements regarding trade, as well as supply chain motion, Brexit brings uncertainty to the telecommunications sector. The UK has been given the opportunity to establish separate telecommunications rules and regulations as a result of Brexit. This could end up in flexibility in standards that have been tailored particularly to the UK market, fostering creative thinking and competitiveness.

On the contradictory note, Kenourgios, Dadinakis and Tsakalos, (2020) criticized that for telecommunications companies, this lack of clarity may make it hard to establish for a long time and make choices regarding investments. A biggest opportunity is depends on the capability to investigate with new approaches, continuation of the leadership which is the UK has established with the open banking inventiveness. Cross-border connection and mobile roaming charges were governed by laws outside the European Union ("EU") Companies could be having problemssecuring new international access and connection to the internet price agreement shortly after Brexit. As a way promote growth in the economy and access to the internet, the UK government might concentrate on expanding the telecommunications system.

With reference to Paterson and et.al., (2023) stated that depending on the UK's trade agreements, telecom providers may face tariffs and trade barriers when importing equipment and services from EU countries. By offering enhanced connectivity and coverage, greater investments in 5G, fiber-optic systems and other modern technology could help telecommunications firms. This could lead to increased costs for providers and potentially affect service pricing. This could lead to increased costs for providers and potentially affect service pricing. The UK may negotiate its own trade deals with different countries, such as those out of the EU, independently of the EU. The capacity of skilled workers to move easily within the European Union provided UK telecommunications companies an important cutting-edge in obtaining a broad resource base. New agreements on trade could boost investment from abroad and open up novel markets for telecommunications providers. New regulations regarding immigration may get implemented as a result of Brexit, whichmight be having an impact on attracting and keeping hold of skilled employees.

Research methodology

Research type

Research type is being defined as the way through which a research is being conducted. Majorly there are two different types of research that is qualitative and quantitative. The former relates to the analysis of theories and non numeric evaluation of the research topic (Lê and Schmid, 2022). On the other handy letter involve the use of numbers and facts and figures. In case of the presence study relating to impact of brexit on UK telecommunication industry the use of qualitative study will be undertaken. The reason for selecting qualitative study is that the research topic is very White and the use of this study will help researcher in developing wider knowledge relating to the research topic.

Research approach

The approach of research is being defined as the methods which are being used in order to select and complete the studies successfully. There are different approaches of selecting the methods and majorly there are two that is Inductive and deductive. The inductive approach is the one where in theoretical knowledge is being undertaken according to the research topic. On the other hand, deductive approach is the one with works on developing hypothesis and working on it. With regards to the current study of analysing the impact of Brexit over UK telecommunication the use of inductive approach will be undertaken. The reason for selecting inductive approach is that it is more suitable and case of a qualitative study.

Research Philosophy

Research philosophy is referred to as the beliefs and values on the basis of which different methods of selected. There are generally two types of philosophies that is interpretivism and positivism. The former relates to analysis of the developing information based on theoretical aspects. On the other hand, the latter involves the use of factual information and figures for presenting the data (McGill and et.al., 2021). For presenting the current research relating to investigation of impact of Brexit over UK telecommunication industry use of interpretivism will be made. This philosophy is being used as it is based on theoretical information and will be helping in conducting the qualitative study better.

Data collection

Data collection is well-defined as the method of collecting related data to the research and completion of it. Hence for the gathering of the data, there are two main sources which can be used. Primary and secondary sources, the primary source are which is used in the first hand within any studies. The data can be gathering from survey, focus group, observation and interview (Bougie and Sekaran, 2019). On the other hand Secondary source is about the data which is already been in the use. This is less time consuming and can be used easily, less expensive. The data can be gathering from the books, journals and scholarly articles. With regards to the current study based on analysis of impact of Brexit over telecommunication, the use of secondary sources of data collection will be used. This source is used for gathering data as it will provide wide range of authentic information relating to research topic.

Data analysis

Data analysis is referred to as evaluating the collected data in order to attain the objectives of the study. The data can be evaluated with help of thematic analysis or by using SPSS. In the current case of evaluating the impact of Brexit over telecommunication industry use of thematic analysis will be made. The thematic analysis is undertaken because it assist in formulating themes according to the objective and then analysing the secondary sources for proving the aims and objectives correct.

Ethical consideration

Ethical consideration is very important for the research to be completed in proper and accurate manner. In case, ethical aspects are not considered then the output will not be considered correct. For this the researcher has undertaken the use of data which is not two old that is has used the data since 2019 only. Along with this all the other ethical aspects are being followed within these studies.

Reliability and validity

For the research to be successful it is very necessary that it is being conducted in reliable and valid manner. Thus, the reliability and validity of study needs to be maintained as it provides a wider range of information. For maintaining the reliability and validity, the researcher has taken the latest data relating to the research topic. Also the data has been collected from copyright sources only and references have been provided for authenticating the information.

Research limitation

There are many different limitations which the researcher faces while conducting the research successfully. Hence major limitation faced by the researcher is of limited time. The time provided for the completion of the study is very limited but with good time management skills researcher has completed the study on time (Harris and et.al., 2019). Along with this, another limitation faced was of scarce resources. The resources provided for the study are very limited but with good allocation strategies researcher was able to optimally use these limited resources and conduct the study successfully.

Timeline

References

Books and journals

• Abuzayed, B., Al-Fayoumi, N. and Bouri, E., 2022. Hedging UK stock portfolios with gold and oil: The impact of Brexit.Resources Policy.75. p.102434.
• Bougie, R. and Sekaran, U., 2019.Research methods for business: A skill building approach. John Wiley & Sons.
• Egan, M., 2020. Brexit and the single market.TheEuropean Union after Brexit(pp. 57-79). Manchester University Press.
• Fernández-Reino, M. and Kierans, D., 2020. Locking out the keys? Migrant key workers and post-Brexit immigration policies.The Migration Observatory.29.
• Harcourt, A., 2023.Brexit and the Digital Single Market. Oxford University Press.
• Harris, D.E. and et.al., 2019. Research methods.Spiritually and developmentally mature leadership: Towards an expanded understanding of leadership in the 21st century, pp.57-65.
• Kenourgios, D., Dadinakis, E. and Tsakalos, I., 2020. Brexit referendum and European stock markets: a sector analysis.Managerial Finance.46(7). pp.913-933.
• Lê, J.K. and Schmid, T., 2022. The practice of innovating research methods.Organizational Research Methods.25(2). pp.308-336.
• McGill, E. and et.al., 2021. Evaluation of public health interventions from a complex systems perspective: a research methods review.Social Science & Medicine.272. p.113697.
• Montalto, V., Panella, F. and Sacco, P.L., 2021. What does Brexit mean for UK cultural and creative cities?European Urban and Regional Studies.28(1). pp.47-57.
• Paterson, A. and et.al., 2023. The Impact of Government Policy Responses to the COVID?19 Pandemic and Brexit on the UK Financial Market: A Behavioural Perspective.British Journal of Management.
• Thissen, M. and et.al., 2020. The implications of Brexit for UK and EU regional competitiveness.Economic Geography.96(5). pp.397-421.
• Watson, D., Yuan, Z. and Jessica, L., 2023. A Perfect Storm, Brexit, COVID-19 and Increased Cases of Food Contamination. A Case Study of how British Food Manufactures Foster Safe Food cultures.The Market: International Journal of Business.5(24).