VoIP Scares the Telco’s…Duh!

by Garrett Smith on March 15, 2007

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Oracle Report Highlights VoIP’s Emerging Threat to Telco’s

oracleOracle’s recent global Communications industry survey brought to light the fact that 68 percent of respondents identified VoIP operators as the primary cause of declining revenues of fixed line telco’s. Okay, so, tell us something we did not know….

How about this?

  • 72 percent of executives believe that introducing new services is the most effective strategy to counter falling voice revenue, much more so than pricing changes or marketing initiatives.
  • 65 percent of respondents comment on bundled triple-play offerings as important or critical, emphasizing the importance of the overall service packaging within the communications industry.
  • 51 percent of executives say mergers and acquisitions with mobile operators are strategies they are most likely to pursue in the next two years.

Ah ha! Some thing’s you did not know!

From the looks of it, though, it seems that the telco’s might be taking a “if you can’t bet ‘em, join ‘em” approach to VoIP offerings, while leveraging their ability to offer triple play services that most consumers drool over, all while looking to become even larger through buying one another. Looks like they have it all figured out…

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