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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
Comments
Posted by Anonymous | March 16, 2007 - 10:55am
I am currently working on a survey to determine if providing value added services like video might be a good idea for AT&T and Verizon.
I should have the results available in 2009 but I promise to give Fierce VoIP an exclusive!
Posted by Anonymous | March 16, 2007 - 2:06pm
Duh! what else can I say. Just the sort of thing Oracle would pay for.
Posted by Anonymous | March 18, 2007 - 9:27pm
I would never rely only on VOIP. If the power goes off, at a point when you most need your phone, you are screwed if you just have VOIP.
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