Need for New Business Models in Telecom and Emerging Trends
Published: 2018
Author(s) Name: Sandeep Prabhu, Rushal Singh Arora, Shraddha Mishra |
Author(s) Affiliation: Assos. Prof., Symbiosis Inst. of Telecom Mgt., Constituent of Symbiosis International, Maharashtra.
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Abstract
The telecom operations in the ICT ecosystem are becoming progressively complex. There is a paradigm shift from the conventional
services of voice and data since the consumer dynamics are changing rapidly in terms of value and markets. Due to this, the
traditional business models are facing the heat and increased pressure and have started to show signs of instability. This has
subsequently forced the telecom service providers to adapt to the changing times which can be seen by the increased investments
in the fibre optic connectivity and digital advertisements becoming a pivotal part of the mobile experience. The telecom companies
have to continually modify their business models along with radical innovations for the upcoming data value chains. Starting from
a brief overview of the structure of a conventional business model and the forces shaping the future of the telecom industry, this
paper aims at exploring some new models that serve interests whilst delivering maximum value to the consumer.
Keywords: Business models in Telecom, ICT, Telecom Infrastructure, and Telecom Strategies
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