Abstract
Semantic web has emerged as a web of next generation providing has various opportunities to enhance the over all performance of current web. The objective of this paper is to review the literature and to provide a critical evaluation of semantic application in the domains of e-business and telecommunications. Literature review reveals that a simple solution to the current e-business problem is solved by purposing a wrapper layer above the current state of the art technologies. We emphasize that telecommunication is one the strong area of research for semantic web implementation. Strength, Weakness, Opportunities and Threats (SWOT) analysis for using semantic technologies in telecom sector is found effective to make better decision, and business to business integration on the basis of intelligent semantic web services.