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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.
Researchers at the University of Hawaii have received a $2 million grant to develop a process that could drastically reduce the environmental impact of wastewater treatment, the Honolulu...more
Social entrepreneurs are guided by the same principles start-up founders are concerned with and focus on generating social change or impact.Social impact can bring significant and positive changes to...more
"Philanthropy and the spirit of giving have long been central to the UAE's identity and are deeply rooted in the enduring legacy of the UAE's president." So says Sheikh Mansour bin Zayed Al...more
The move speaks to how impact investing remains an important channel for wealth managers to plug into.The move was announced at the World Economic Forum in Davos,...more
Google, Facebook, and other major companies are taking a page from Al Gore's book and putting their money where their mouth is in regard to climate change. In a white paper released Tuesday, the...more
If you're looking for the perfect gift for your significant other this holiday season, we've got the perfect one for you: A one-of-a-kind, life-size Nativity scene complete with Santa Claus and his...more
If you're looking for a safe way to invest in the world's burgeoning "green" debt market, National Bank of Canada has just the thing: green bonds. The bank is offering investors a chance to take...more
Asset manager Nuveen says it has raised $170m for a new fund that aims to make a positive impact on the world, the Guardian reports. The fund, called the Nuveen Climate and Social Credit Fund,...more
Britain's newly elected Labour government is looking to the financial world for help dealing with the country's housing crisis, the Guardian reports. According to the Telegraph, affordable...more
The Blue Revolution Fund has wrapped up its $93 million round of investments, and it's putting its money where its mouth is. The fund, a collaboration between the Nature Conservancy and Hatch...more
Social Innovation News from...
Changemakers
Skoll Foundation
Nike
Social Entrepreneurship
Spotlight
Mealshare: Simply Dining Out To Help Charities
With Mealshare, every meal purchased at a restaurant, one gets shared with a person in need of food. This concept was hatched by two entrepreneurs, cousins Jeremy Bryant and Andrew Hall.
