Telco execs know that VoIP is killing their business
This falls into the category of “you mean someone paid money to find this out?” The authoritative Economist Intelligence Unit surveyed 155 telecom executives in 36 countries, and discovered that 68 percent of them think VoIP is the chief threat to fixed line revenues. (Gee, y’think?) More than 80 percent believe that voice calls won’t even be a major revenue source with 6 years; 60 percent think it will happen within 4 years. To fight it, 75 percent of telco execs think they need to find new services to preserve revenues, and that price cuts and marketing won’t do the trick. Oracle put up the money for the study.
For more information about how telcos are dead meat:
- read this article from TMCNet
Related Article:
VoIP drives telco prices down. Report