Summary Bullets:
• Advancements in technology place telcos in good footing to innovate, as majority of telcos re-engineer operationally, capitalize on their core network strengths, and rationalize portfolio.
• Future telco success will be hampered by the global economic climate (particularly inflation), rising energy costs, increased regulatory pressures, and increased direct and indirect (cloud providers) competition.
Telcos growth ambitions (through a transitioned operationally agile innovative business) will experience several external threats
As 2030 approaches, there is much discussion within the telecommunications industry surrounding how telcos will evolve. Several influencing factors include the maturity of digitalization in consumer and enterprise settings, which potentially could be further accelerated by artificial intelligence (AI), including generative AI. In addition, maturity of cloud and edge computing will continue to spur innovation as telcos further identify industry use cases. However, it will not be clear sailing for telcos.
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