By navigating our site, you agree to allow us to use cookies, in accordance with our Privacy Policy.

Telcos Warm Up as NextGen Services to Shore Up Revenues

In a major push, Airtel is in advanced talks with US telecom major Verizon for a broad partnership around IoT.

Recently, Reliance Industries’ acquisition of US telecom software firm Radisys highlighted the necessity and revenue opportunities for carriers in nextgen services such as Internet of Things (IoT), a market which is sought to be worth well over $9 billion by 2020 in India.

The telcos are keeping in mind that data tariffs have dropped 90% while voice tariff by about 60% in the past couple of years, resulting in gross revenue falling 8% on-year to Rs 2.6 lakh crore in 2017, and are thus shifting focus from core telecom services to emerging technologies and have begun tapping areas such as IoT and Machine-to-Machine (M2M) more aggressively said a report by ET.

Rohan Dhamija, Head, India, and the Middle East for consultancy firm Analysys Mason
, said “Telcos will need to go beyond their comfort zone of offering services beyond connectivity which only forms 20 to 25% of the IoT value chain in terms of revenue.”

To Read Full Article Please Fill Some Details

Jyoti Gazmer

A Mass Comm. graduate believes strongly in the power of words. A book lover who dreams to own a library some day. An introvert but will become your closest friend if you share mutual feelings about COFFEE. I prefer having more puppies over humans.

Related Articles