After years of heavy investment in infrastructure to enable 5G and fiber-optic priorities, telcos are reassessing their strategies on how to drive ROI. Plateauing demand in mobile and a heightened interest in broadband innovations have forced industry leaders to diversify product lines, targeting B2B channels which have served as a major growth opportunity to drive revenue and stand out in a highly competitive field.
To promote adoption of their services, telcos will continue to pursue relevant partnerships and bundling opportunities, tapping into growth customers with high LTV potential.
For more information, please contact Dominique Folacci.
Telcos are investing heavily in business services and the Telco B2B market is expected to reach $181B by 2030 with a CAGR of 15%.
Analysts expect to see 200K fewer postpaid mobile subscribers in 2023 than we saw last year.
Allied Market Research