Saturday, October 16, 2021
اُردُو نیوز Newspaper Live-TV(UK) Live-TV(PK)
اُردُو نیوز Newspaper
Live-TV(UK) Live-TV(PK)

Beyond phones and 5G, mobile world seeks to reinvent itself

Beyond phones and 5G, mobile world seeks to reinvent itself
February 24, 2017
FRANKFURT/LONDON – Seeking to escape a cycle of falling prices and tight regulation, big telecom operators from Vimpelcom (VIP.O) to Telefonica (TEF.MC) are set to reinvent themselves as internet players to escape the industry's straight-jacket of low growth.
  Next week's Mobile World Congress in Barcelona will feature phone companies in various stages of acceptance that the industry's predictable, decades-old business model based on selling data packages by the millions is running out of steam. Beneath the facade of shiny new phones and dusty debates over network technical implementations, Europe's largest annual technology fair will see top phone companies parading far-reaching business makeovers. Spain's Telefonica (TEF.MC) is set to introduce a broad plan it calls the "4th Platform" to help both consumer and business customers keep greater control over their data rather than giving it away to web giants Google, Facebook and Amazon. Russian and emerging markets operator Vimpelcom (VIP.O) is tearing up many parts of the telecom rule book to remake itself as a tech player in the fast-growing world of messaging apps. U.S. telecom giant AT&T (T.N) has inked a series of huge deals to diversify by acquiring Direct TV for $67 billion and is awaiting approval to buy Time Warner for another $110 billion. "Regulatory and pricing pressure on telecom operators forces them to look to adjacent areas for new sources of revenue and margins," said attorney Tom Levine, head of Allen & Overy's global telecoms practice. "There isn't a consensus on how to do this." It's also an open question whether the industry is structurally capable of big change. Telcos have dreamed for decades of breaking free of the shackles of consumer regulation and branching out into Internet services in their local markets, only to be consistently beaten by newer, global upstarts. RUSSIAN LABORATORY These dramatic changes come as telcos brace to offer new networks ready to handle not just spiralling data use on phones but in cars, in factories and offices and even crop fields. The new generation of 5G networks will provide them new business options but also spells mounting competition from computer, internet and industrial players with digital plans of their own. Russia has emerged as the world's most advanced laboratory for telecom companies seeking to reinvent themselves as Internet players, as classic telecom business pressures, Western economic sanctions and government rules that reduce Silicon Valley giants to small local players create space to combine forces. Vimpelcom, Russia's No.3 operator, has undertaken a top-to-bottom overhaul of its business while gearing up for deeper Internet partnerships with the likes of streaming music and online taxi services. The company also focuses on emerging markets from Bangladesh to Algeria and is the world's sixth largest operator in terms of number of mobile customers served. Megafon, the No.2 network provider, has acquired control of sister company, a major Russian Internet player - the Russian equivalent of Verizon buying Facebook - and plans to offer a new mobile version of social media site VKontakte. Top Russian telecoms player MTS (MTSS.MM) is so far sitting on the sidelines, but its executives have signaled they too believe their long-run future lies in Internet services. Meanwhile, Telefonica sees its "4th Platform" strategy as a way to stoke faster growth and compete aggressively with globally dominant internet players while being a logical evolution of existing businesses, a senior company source said. The strategy builds on its long-standing investments in communications services, its broad geographic reach across Europe and Latin America and efforts to offer advanced money-making services on top of basic communication connections, but does not require making huge new investments, the source said.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں

آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔