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Report: drastic measures needed for telcos set to lose $172bn

In its latest report, “The Future of Voice and Messaging,” the Telco 2.0 Initiative argue that telcos could lose up to $172bn from core revenues within five years, but also suggest $80bn worth of improvements to their voice and messaging strategies.

The Telco 2.0 Initiative suggest “three fundamental ways in which the insights in the report can add value to your business”…

  •  Optimise your strategy – there’s $80Bn to play for. All is not yet lost, and there are very few areas in which telcos can make a difference to the scale of $80Bn, much of which is highly profitable, marginal revenue. Whether you are a telco or a key partner, investing in benchmarking your plans against the best in the market could produce major returns.
  •  Base your business on more realistic forecasts and deeper insights. Our forecasts have been the most prescient, aggressive, and sadly the most accurate, in the market. Even if you don’t particularly like what we are saying, how much better would your strategy and investment decisions be if your plans were based on an independent, expert view of the market?
  • Learn how to compete with disruption. Invaluable lessons in how to compete with disruptive competition can be found in our analysis of the successes and failures of telcos to deal with the incursion of such services into their heartland revenues. (‘OTT’ case studies on e.g. Whatsapp, KakaoTalk, and ‘Telco OTT’ plays such as TuGo.)

Go here for more information on the report

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