Telecom managed services refer to the pre-emptive administration of a technological asset or an object in the telecom sector. The service may be provided by a third party, typically known as a Managed Services Provider (MSP), or by the company itself to various clients that may include enterprises, organizations, or customers. The managed services vendors are developing advanced services to provide a proactive and holistic approach to critical business applications with a reduction in operating cost and significantly improving the Time-to-Market (TTM) for new services. ___________ 1. Micromarkets are defined as the further segments and subsegments of the global market included in the report 2. Core competencies of the companies are captured in terms of their key developments, key observations, and key strategies adopted by them to sustain their position in the market