As profits dwindle, telecom giants join forces at the Next Generation Telecom Summit to cash-in on the new 4G world.
The last five years has seen unprecedented change in communications. The European consumer has a plethora of handset choices and packages. The average handset has evolved from the humble voice-box, to the total media centre. As a result thousands of start-up companies are profiting out of the sector’s advances, supplying the various add-ons which inevitably accompany any new wave of technology.
Such innovations were used by the operators to supplement the pricey voice packages as values-add-ons. However, the operators are now finding themselves in the hands of the ever-creative software/hardware companies; they are having to include their own meal ticket - Voice minutes - within the set packages in order to build new custom, which is clearly hurting them. iPhone appstore and Nokia’s Ovi have been the more