Write a paper of 5-7 pages which must include the following points. a. Major firms in the industry. I already picked should be on telcommunications b. Size of the industry in country, and internationally. c. Current challenges and future opportunities in the industry. d. Market structure (perfect completion, monopolistic competition, oligopoly, or monopoly) of the industry in United States markets. Also indicate if state or local markets are of a different structure. e. Justify why you chose the structure from Question d above. f. Discuss the major microeconomic and macroeconomic issues that are likely to affect the company over the next five years.3. Format a. APA style required! b. Typed in twelve point type, preferably Times New Roman font. c. Double Space Written portion must be uploaded by date indicated in Canvas