Independent telecommunication researcher BuddeComm has found incumbent telecom players face renewed pressure to restructure their organisations.
Titled: 2007 Global Telecoms—Analyses, Trends and Forecasts, the report shows incumbent telecom players will face renewed pressure in the next 12 months to restructure their operations, as their traditional revenue streams dry up and new global media titans, such as Google, YouTube and Skype, grow more dominant.
According to the report, telcos will be better off not competing directly with the Amazons, News Corporations and MySpaces of the new digital world. Instead, as the IT and media worlds converge, they must consider focusing on changing their businesses to take advantage of new revenue opportunities.
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