Disruptive technology has created financial challenges
For years, telecom operators have been losing revenue to over-the-top (OTT) service providers like Skype, WhatsApp, and dozens of others. No one is predicting that it will change anytime soon.
McKinsey & Company asserts that to remain relevant in an increasingly digital space, telecom operators should either slim down their core telco/mobile services to achieve maximum efficiency and/or identify new growth areas that combine their existing core competency with the great potential of digitisation.
Mitul Ruparelia covers how disruption has created an opportunity for technology vendors and telecom operators
Read the article here.
About Mitul Ruparelia
Mitul Ruparelia is a Managing Partner of Fortius Partners, a growth transformation partner for private equity and venture capital backed businesses. He has over 20 years of growing profitable, sustainable business units, defining strategy and leading sales, marketing, product, innovation, finance, raising investment and people management for established, underperforming, and scale-up businesses. He has helped companies scale to valuations of over $1 billion.
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