Telecommunications
Industry challenges
The telecommunications industry has always been characterized by disruptive technologies regularly challenging incumbents' business models:
- Smartphones, digitization and the Internet of Things have changed the face of the industry
- While usage numbers of mobile devices are skyrocketing, users increasingly use apps and OTT service offerings rather than traditional texts, calls and roaming
- The current industry transformation presents a plethora of new business opportunities for traditional players and new entrants alike
- Extensive investments into the network infrastructure, strategic reorientation towards newfound competitive edges and targeted M&A strategies emerge as potential future growth trajectories in the telecommunications sector