How did the telephone develop and grow into popularity?

The telephone emerged from the making and successive improvements of the electrical telegraph. In 1804, Spanish polymath and scientist Francisco Salva Campillo constructed an electrochemical telegraph. The first working telegraph was built by the English inventor Francis Ronalds in 1816 and used static electricity.

high entry costs prevent new producers from entering the market.

explanation:

an oligopoly is a term used to clarify the structure of a particular market, industry, or organization. a market is considered oligopolistic or amazingly focused when it is shared between a few companies.

Is this multipile choice?