Telecommunications

Telecommunications

Telecommunications Industry

The telecommunications industry includes companies that operate networks that people, and businesses use to communicate, as well as companies that manufacture communication equipment and software. The industry includes providers of mobile and or fixed (landline) telephone, internet, and other forms of communication, such as satellite and cable television.

The telecommunications industry is regulated by government agencies to ensure fair competition and protect the interests of consumers. In many countries, there are also public utilities that provide basic telecommunications services, such as telephone service, to underserved or remote areas.

Market research

Spend in the telecommunications services industry is anticipated to reach 1.505 trillion U.S. dollars in 2023

 

Statista

The total revenue opportunity for mobile operators created by Value-Added Services (VAS) is expected to reach 120 billion U.S. dollars by 2024

 

Jupiter Research

By 2026, the Mobile Virtual Network Operator (MVNO) space is expected to be valued at 91.63 billion U.S. dollars globally

 

Mordor Intelligence

For Telecommunications Companies, Competition Is Tougher Than Ever

The telecommunications industry has undergone significant changes in recent years, with the rise of the internet and the proliferation of smartphones and other mobile devices. These changes have led to the emergence of new forms of communication, such as over-the-top (OTT) services, which are delivered over the internet and bypass traditional telecommunications networks.

The telecommunications industry is constantly evolving, and it can be difficult to predict exactly where it is headed. However, some trends that are currently shaping the industry include:

 

The rise of 5G

The deployment of 5G networks is expected to drive significant changes in the telecommunications industry. 5G is expected to enable new applications and services, such as the Internet of Things (IoT), virtual and augmented reality, and autonomous vehicles, and could also lead to the development of new business models.

Increased competition

The MVNE / MVNO market has grown significantly in recent years, as more and more consumers are looking for alternative ways to access mobile phone services. MVNEs & MVNOs operate in many countries around the world and have become an important part of the telecommunications industry.

The continued growth of the internet

The internet continues to be a major driver of change in the telecommunications industry. The proliferation of mobile devices and the increasing availability of high-speed internet access are driving the development of new services and applications, such as OTT services, that rely on connectivity.

Optimize, Update, Renew & replace

Some telecom companies are already active the telecommunications industry for a long time and because of this (still) make use of old big, dedicated legacy systems and solutions. These need to be renewed in the coming years to offer; new services, save costs, for compliancy, security, enable Cloud (private or public).

The emergence of new players

The telecommunications industry is seeing the emergence of new players, such as, OTT providers and tech giants, that are challenging traditional telecom companies. These companies are using their expertise in areas such as software development and data analytics to enter the market and offer new services.

Increased consolidation

There has been a trend towards consolidation in the telecommunications industry, with larger companies acquiring smaller ones, entering into partnerships or launch MVNE/O to expand their market reach and capabilities. This trend is expected to continue as companies look for ways to compete in a  changing market.

Livecom Products and Solutions

Livecom offers a suite of products and solutions for the Telecommunications industry which will help them to be prepared for the future.

Service Delivery Platform

Next Generation Voicemail

Missed Call Alert / Notification

Omni-Channel Contact Center

Interactive Voice Response

Latest Resources

Discover the latest News, Company announcements, Blogs and Events from Livecom.

Mobile World Congress  27 February – 2 March, 2023, Barcelona Spain
January 31, 2023

Mobile World Congress 27 February – 2 March, 2023, Barcelona Spain

Livecom will attend the biggest Telecom event in the world. The Mobile World Congress (MWC) 27 February – 2 March, 2023 in Barcelona Spain.

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MVNE, MVNA and MVNO explained in a simple way
January 17, 2023

MVNE, MVNA and MVNO explained in a simple way

There are various terms which are used for MVNE, MVNA and the various types of MVNOs. Let's explain the high level differences.

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Liberty Global extends Voicemail contract for five (5) years
January 10, 2023

Liberty Global extends Voicemail contract for five (5) years

Livecom, announced that Liberty Global, a multinational telecom company, extends the contract for the PAN-European Voicemail with 5 years.

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Livecom launches online Digid and Irma identification through partnership with Verder Helpen
December 20, 2022

Livecom launches online Digid and Irma identification through partnership with Verder Helpen

Livecom & Verder Helpen are excited to announce the prelaunch of secure online identification with DigiD and Irma for the chat.

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MVNO Nation Live 16-17 November 2022, Valancia, Spain
October 21, 2022

MVNO Nation Live 16-17 November 2022, Valancia, Spain

The 2-day MVNO Nation Live conference agenda will bring to light the main opportunities and challenges that MVNOs are facing and how to overcome from them.

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NetworkX Event, 18-20 October 2022, Amsterdam, Netherlands
September 14, 2022

NetworkX Event, 18-20 October 2022, Amsterdam, Netherlands

Network X is where the telecom and mobile industry comes together. It is the new home of the long-running 5G World and Broadband World Forum, and newly launched Telco Cloud.

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Telecommunicatiebedrijf (Telesur) Suriname selects the Voicemail of Livecom
September 9, 2022

Telecommunicatiebedrijf (Telesur) Suriname selects the Voicemail of Livecom

Telecommunicatiebedrijf (Telesur) the national & largest Telecom Operator in Suriname has selected the next generation Voicemail of Livecom.

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Livecom appoints Taco Berentschot as CTO
September 9, 2022

Livecom appoints Taco Berentschot as CTO

Livecom is proud to announce the appointment of Taco Berentschot as its new Chief Technology Officer (CTO) to enable Livecom to accelerate our future plans.

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Livecom acquires D-Shore
September 9, 2022

Livecom acquires D-Shore

A strategic acquisition to revolutionize Livecoms Service Delivery Platform with the Value Added Services (VAS) solutions and Omni-channel Customer Contact and help customers stay connected.

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