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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.
Australia's Pathzero is the world's largest private-market emissions data network, with more than 50,000 assets under management, reports the Guardian. That's more than $13.1 trillion in global...more
"It's about time." That's how Natasha Garcha, senior director and gender-lens investing specialist at Impact Investment Exchange, is framing the investment world's first-of-its-kind asset class...more
Foundation: Susan Thompson Buffett Foundation, Gates Foundation
"For too long, a lack of money has forced organizations fighting for women's rights into a defensive posture while the enemies of progress play offense," writes Melinda French Gates in a New York...more
Big Brothers Big Sisters of Central Ohio is using nearly $1 million in grants from Battelle to create after-school and summer programs focused on science, technology, engineering, and math for...more
The city of Vantaa, Finland, is known as one of the most international cities in the country, with between 4,000 and 5,000 new residents each year, most of them immigrants, Eurocities...more
If you're an engineer looking to make your mark in the tech world, Forbes has just the list for you. The magazine interviewed 11 engineering leaders, including James Dyson of vacuum company...more
A team of former top executives at Aegon Asset Management has launched a new firm to invest in the climate finance industry. CurvePoint Capital was founded by James Rich, Brian Wayne, and Alena...more
New York Gov. Kathy Hochul today announced the official opening of the Advanced Grid Innovation Laboratory for Energy (AGILe), "a first-of-its-kind, world-class electric grid and power systems...more
The World Bank is calling for urgent action to help small island developing states (SIDS) deal with the effects of climate change as leaders from the nations meet in Antigua this week. The bank's...more
The Syrian refugee crisis is expected to worsen over the next four years as more than 19 million peoplemore than a fifth of the country's population flee their homes, the New York Times...more
Social Entrepreneurship
Spotlight
Role Philanthropy Plays in Impact Investing
CEO of the Community Development Financial Institution (CDFI) Nonprofit Finance Fund and impact investment book author, Antony Bugg-Levine, explains the role of how philanthropy serves as a catalyst in impact investments.
