Telecom News Bulletin

LTE – The Rise of the Mobile Prosumer

The average handset has evolved from the humble voice-box, to the total media centre. As a result thousands of start-up companies are profiting out of the Telecom sector’s advances, supplying the various addons which inevitably accompany any new wave of technology. Such innovations were used by the operators to supplement the pricey voice packages. However, the operators are now finding themselves in the hands of the ever-creative software/hardware companies and the changing consumer culture. iPhone app store was the first to take advantage and make millions from the operators’ customers, creating a financial redistribution within the Telecom industry. With the telecom giants left to maintain the costly infrastructure that supports this ever growing new-media industry, the outlook for today’s communication service providers is set to get worse in a new 4G world where broadband is everywhere (LTE, WiMax, FTTX and cloud services). How can the giants sustain such costs and avoid being relegated to the sidelines as bit-pipe providers?

Continue reading...