Will the Stagnant Telecom Industry Wake Up on Time?
Filed in archive Mobile Technologies by leo on February 15, 2008
Admittedly, the U.S. telco industry is having a hard time catching up with the more advanced countries like Japan and South Korea. There are so many factors to blame - complacency, lack of radical innovation, government policies, etc.
Lee S Dryburgh, the organizer of Emerging Communications (eComm) conference, is urging the industry to wake up. Apparently, the core products of telco - telephony and SMS - are in peril.
The cost of voice transmission will reach near-zero although this is not the only telephony service killer. Voice will become just another mode within a multi-modal offering. The multi-modal offering (be it device/client/site) will itself be integrated with content sharing, commerce, search, discovery and possibly most prized of all-"relationships" (what we call "contacts" today). It makes no sense then to imagine much of future for standalone discrete audio streams known as telephone calls, rather voice will become a supplement. SMS will be replaced by instant messaging long term.To borrow the words of charles dickens
, it is the best times and the worst of times for this industry. How the leading and emerging players respond to these opportunities/threats will dictate the outcome of the game.Permalink: Will the Stagnant Telecom Industry Wake Up on Time?
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mobile+technology convergence mobile+trends mobile+web mobile+internet mobile industry+wake wake+tim
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