The world of communications is changing quickly. Telecom companies need to keep up by finding new technologies to create new products and business models to maintain revenue.Key Takeaways
- The economic situation of most telecom consumers has declined
- Telecom companies can lead with original content but need to find innovative retention techniques
- They need to diversify entertainment options, remix entertainment experiences, and explore non-traditional distribution opportunities.
- Telecom companies also need to find ways to monetize advanced wireless networks, and in particular, they should develop applications for specific industries