Despite the huge capital investments, telco's core business has become increasingly commoditized, and growth has slowed. Instead, most of the value created in the industry has been captured by so-called Over-The-Top (OTT) players. Telco operators lost more and more ground with the introduction of 3G and then 4G technologies. The performance gap with the digital service companies, the likes of Netflix, Amazon and Facebook, is particularly wide, whether measured by revenue, or market capitalization.
WWT is open-minded and receptive to new ideas and innovative approaches that emerge from the innovative companies. By embracing fresh perspectives and novel ways of doing things, WWT empowers the ecosystem cultivate a dynamic environment that promotes collaboration, fuels creativity and propels toward an environment of mutual success.
Through our Advanced Technology Centre (ATC), we are able to help CSPs change from a telco to a techco. Techcos are usually more highly valued by investors and stock markets than telcos. Put simply, that means the shares in techcos are usually worth relatively more than shares in telcos. This is because investors think that techcos are more likely to grow than telcos and will therefore be worth more money in the future. Secondly, techcos are typically able to change and develop more quickly. This means that they can adapt to their market environment more quickly and find new opportunities and combat new threats better.
- Azam Beyk, MSc, MIET
For Azam's full video presentation at XCHANGING IDEAS #47 Global 5G Evolution Conference, click comment box!
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Strategic Partnerships Operations Manager
11hExcited for you! Good luck and have fun! 🤩