Challenging the Traditional Telecom Model with Innovative Strategies

Wednesday, 17 July 2024, 17:18

In a shifting market structure, telecom companies face a threat from up-and-coming challengers offering unique crowdsourced solutions. Previous advantages like high switching costs are no longer insulating these companies from competition. Mahesh Ramakrishnan of EV3 highlights the changing landscape and the opportunities it presents for disruptive forces in the industry.
CoinDesk
Challenging the Traditional Telecom Model with Innovative Strategies

Challenging the Telecommunication Norms

Telecom companies, once protected by high switching costs, are now facing challenges from new players with innovative approaches.

Redefining Market Dynamics

  • Switching Costs: Historically high barriers to switching providers are diminishing.
  • Crowdsourced Solutions: Challengers are leveraging unique supply models to gain traction.

Market Disruption Potential: Telcos are no longer shielded from disruption, opening up the field to new competitors.

The Future of Telecom Competition

EV3's Mahesh Ramakrishnan explains the emerging threats and opportunities in the telecom sector amidst changing market dynamics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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