Jul 27, 2017
Steady infrastructure investment financing telecommunications growth in Asia has led to a considerable demand for engineering talent to fill telecommunications jobs.
According to the Asian Development Bank (ADB), the investment needed in telecommunications from 2016 to 2030 will reach $2.3 trillion.
“It is this kind of investment in infrastructure that the region needs to continue its economic growth, “a recent ADB report states.” In short, sound telecommunications infrastructure promotes economic development, enhances welfare and helps provide the basis for more sustained, inclusive growth.”
Revenue for core services (voice and messaging) will decline, the report says, but growth in mobile data, IoT, fixed broadband and IPTV services will compensate for this, generating positive overall growth during 2016-2021.
According to a recent Cisco study, mobile data traffic will increase more than seven times across Asia-Pacific, Japan, and China.
Meanwhile, in Japan, for example, nearly 200,000 telecoms engineering jobs are going begging. Contractors are now regularly called in by tech companies to shore up networks, develop mobile services, support the move to the Cloud.
In Singapore, for according to a government report, companies have boosted salaries and rolled out new perks to attract telecoms engineering talent.
In South Korea, operator KT Corp. plans to spend $4 billion to expand its networks this year. Salaries for telecoms engineers in all specialties have gone higher, according to Teleport.org. And contractors are increasingly called upon to complete projects.
The Chinese telecom market is the largest in the world in terms of subscribers and is undergoing transition, according to Budde.com. Mobile subscriptions outnumber fixed voice connections and voice is giving way to data as the primary revenue generator.
There are 379,000 engineer jobs unfilled in China, of which about 35% are for telecoms engineers. Young Chinese engineers receive relatively low salaries, but companies are forced to pay much more for experienced specialists. Yet the projects are regularly delayed for lack of telecoms engineers to complete them.
source: World Bank
Despite the desperate need for telecommunications engineers in Asia, there is still a reluctance in some parts of the industry to use contractors.
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