Telecoms businesses have grown significantly in number as we see the explosion of data services and cloud services on offer in the market, which has increased the demand for Executive Leaders who are agile and innovative in creating next-generation solutions & services to lead this competitive market.
Particularly in the UK, the telecommunications market is competitive where service providers have looked to develop their portfolio of services and solutions to keep them ahead of the game through diversification into new communications areas.
With the advent of 5G, we’re likely to see new kinds of apps we’ve never considered before.
In reality, 5G is very much in the “build” phase right now. However, as people come to truly understand its capabilities and limitations, we can expect to see the next generation of solutions based on 5G.
US telecoms are increasingly using unlimited-data plans to attract and retain customers. With 5G coming into the picture, providers will be able to increase both download speeds and monthly data capacity on unlimited plans.
Another area to watch for telecoms is the lack of competition in the broadband market and low rural broadband penetration are two of the most widely discussed topics among regulatory agencies and consumer forums. New connectivity technologies like 5G fixed wireless and satellite internet may change the game.