The role of ICT sector in expanding economic opportunity

In the 80's the PTTS (post, telephone and telegraph services) were the most important and expensive devices. In the past 20  years the new innovations had appeared and they are advancing rapidly. 

The use of ICT in modern economic reduce transactions and improve productivity.

There are also some economic opportunity obstacles:

• Geographic isolation 

• Lack of competition and high prices for consumer 

• Lack of competition ans low prices for producers

• Political voice

They make  companies  help people to increase its opportunities, productivity, information and access to services.
An example of this are the low-income households and small and médium- sized enterprises.

For this to happen it is very important the innovations.

Business strategies for the ICT sector in expanding economic opportunity

ICT companies can expand economic by getting those technologies out and make new content applications and services.
There are two strategies for this:

• Horizontal deepending : adding new constumers
• Vertical deepending: grow markets by technology services that increase productivity