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"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow Taxi."
Well, telecom companies "provided the services and products that we have gotten to regard as a basic need: connection," writesjoerd Rozing in an article for the Guardian.
And it's telecom companies that provide that basic service.
In fact, Rozing writes, telecom companies "primarily contribute to the societal transition by facilitating access to key products, services, and markets that broaden opportunities for marginalised groups and individuals to participate in cultural, political, and social spaces."
Examples include providing access to broadband Internet, mobile phones, TV, and so on, as well as "material improvement in their personal financial situation, which enhances their possibilities to participate, when people upgrade from a 3G phone to a very affordable 4G smartphone, as research from Safaricom shows."
In fact, telecom companies "represent one of the least diverse sectors to work in" in emerging markets, but in developed markets, "they are therefore more stable and predictable, as they generate most of their revenues from subscriptions."
They also tend to offer an attractive dividend Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Chris Pan's commencement speech at Ohio State has been called "cringe-worthy" and "the worst Ohio State commencement speech ever"but the social entrepreneur and 1999 Ohio State graduate wants to set...more
"It is a night that shines a light on some of the best and brightest women in business." So reads a press release on the winners of the 2024 IMAGE PwC Businesswoman of the Year Awards in Ireland,...more
Ohio Gov. Mike DeWine says the Appalachian Community Grant Program represents "a historic, $500 million investment in Ohio's 32 Appalachian counties." The state has allocated $21.9 million in...more
When Jo Harris opened the Henley School of Art in the UK eight years ago, she didn't expect to be teaching online for nearly seven years. But the coronavirus pandemic of 2014 forced her to move...more
Foundation: Gates Foundation
"By embracing innovation, the school leadership team from the North, principal and school administrators, teachers and staff are preparing our students to be the digital citizens the world needs,"...more
Foundation: Rhode Island Foundation
Love is in the air, at least when it comes to the research projects funded by the Rhode Island Foundation. The nonprofit has awarded more than $360,000 in seed funding to 15 medical research...more
Foundation: Jack Kent Cooke Foundation
Four Miami Dade College students were surprised with "life-changing news" this week: They'd been named recipients of the Jack Kent Cooke Foundation's Cooke Undergraduate Transfer Scholarship, which...more
"To be able to invest a further ? 1 million in the North East at a time of such economic challenge for many is a privilege for the Foundation trustees, and we're thrilled to see the difference it...more
Foundation: Berkshire Taconic Community Foundation
Ellsworth Kelly, widely considered the father of abstract art, died last week at his home in upstate New York at the age of 92. But his legacy lives on in the form of $1.5 million in grants to...more
"It's really exciting to see students be able to learn that welding and manufacturing can have an artistic flair," the executive director of the Center for Visual Arts in Wausau, Wis., tells...more
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Connecting Investors with CDFIs to Support Community Impact
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