Telecommunications systems allow for the exchange of data between two entities using technology such as electromagnetic waves or physical mediums. They include smaller systems like telephone networks and larger systems like the internet. Data is conveyed using electrical signals known as carrier waves that are modulated digitally or analog to carry information. Telecommunications systems connect terminal nodes through transmission links to enable communication between two terminals. The main components are transmitters that convert information into signals, receivers that convert signals back into usable information forms, computers for processing data, and communication software and processors to manage networks and transmit/receive data. Signals travel via these systems using either analog waves like for voice calls or digital bits like ones and zeros for data transmission.