Later on, in around 1895, an Italian discoverer, Guglielmo Marconi, did attest the viability of radio as a means of communication. In point of fact he launched and received radio indicator in Italy in the year (Bellis, 2010; 5). However, according to Crisell (2002; 15) in 1894 Sir Oliver Lodge did use wireless waves to send signals in Morse code, an act which made him the inventor of wireless telegraphy and three years subsequent to that he demonstrated effectively how a radio receiver could possibly 'tune' to a particular transmitting station (Crisell, 2002; 23). Besides Marconi, his two colleagues, Nikola Tesla and Nathan Stufflefield won out copyrights for radiotelegraph (History of Radio, 2010; 3). The subsequent landmark in the course and route of radio improvement was attained by Lee Deforest (History of Radio, 2010; 4).
The increased demand for the different spectra of radio has enhanced the understanding of the uses and economic benefits of radio. It has led to the formation of a powerful industry which can be defined by the firms making the use of radio spectrum to provide radio services and the companies which manufacture the equipment and offer service delivery. A good example is cellular radio services (Radio communications Agency, 2001; 8). The players involved are as follows; there are operators offering cellular radio services, companies owning antenna sites, service and software companies which provide the content and different capabilities of the system, radio receiver and transmitter equipment producers who provide infrastructure to the cellular operators, handset companies, wholesalers and retailers who deal with all the above goods and all the employees of the above companies and manufacturers. Considering all these goods and services (employment opportunities) involved, we can see how radio impacts on the economy of each society where it is embraced.
Radio offer support services to businesses through advertisement of both new and old products, product change and improvement, among other services which increase the profitability of the specific companies.
In calculating the total benefits of the radio industry, we consider all the benefits it gives to the service provides including and not limited to Public Mobile, Broadcasting, Satellite Links, Fixed Links, Private Mobile Radio and the subsequent benefits it confers to the tax payers and customer benefits.
Radio in cultural context
Since the invention of radio, it did not attain its peak till 1930s. During this time, gathering around a radio in the evening was an ordinary phenomenon by the American citizens as it is watching television today. Many people from different classes and geographical areas tuned their radios to listen to news and other forms of entertainment. Baseball game broadcast was listened to widely and different comedies, variety shows, political addresses, live music programs among other entertainment ventures. The radio was an important link between the people and their ruling class as it was used by leaders to speak directly to their people. Radio united different people in a collective identity in real time; here and know.
As well known, radio could spread cultures to different parts the world