Telcos could lose up to $172bn from core revenues in 5 years, says the Telco 2.0 Initiative

A new report from the Telco 2.0 Initiative shows that telcos could lose up to $172bn from core revenues in five years if they don’t make dramatic improvements to their voice and messaging strategies.The research shows that Telcos can fight to reduce this loss by $80bn through intelligent optimisation of prices and bundles, service enablement, exploiting new standards such as WebRTC and VoLTE, creative approaches to own brand OTT services, and a greater focus on enterprise communications.Over the next 5 years Telecoms operators face significant further declines in traditional service revenues due to so-called ‘Over The Top&

Press Release Distribution , Telcos could lose up to $172bn from core revenues in 5 years, says the Telco 2.0 Initiative, Telcos could lose up to $172bn from core revenues in 5 years, says the Telco 2.0 Initiative