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Telcos are Stepping Outside of Their Comfort Zone

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Telcos are Stepping Outside of Their Comfort Zone

For years now, telcos have had declining revenue - and 5G will not be their saving grace. Because they must replace around half of their revenue every ten years, telcos must change course and find new sources of income. However, across the western world, government regulations have limited telecommunications companies from increasing revenue by blocking mergers, decreasing wholesale prices, and abolishing roaming charges.

Overcapacity and market disruption have also been barriers to the sustainable income of telcos. If communication service providers (CSPs) desire radical results, they must be willing to pursue radical change - and many are. Telcos realize that the future of data networking lies beyond the cloud. Below are five significant telcos-related predictions for the upcoming year. 

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