New companies are springing up as quickly as entrepreneurs imagine new ideas. Telecom companies throughout the U.S. need technical expertise to help create solutions, as well as develop new products and supporting infrastructure. Sales and management personnel also are needed to market these products and services. The environment is volatile. Innovations can render developing technology obsolete practically overnight.
New companies fold and established firms can lay off hundreds of employees.
Mergers are also a fact of life. Most recently, established firms and service providers are converging. Conn. In addition, MCI Worldcom was created when MCI Communications and WorldCom joined to form the nation's second largest long-distance phone company. It's simultaneously expanding and consolidating. This dynamic is having a chaotic effect on the telecom job market.