Telco execs know that VoIP is killing their business
Published March 16, 2007 · In: VoIP Service Provider | VoIP Technology | Trends & Metrics
This falls into the category of "you mean someone paid money to find this out?" The authoritative Economist Intelligence Unit surveyed 155 telecom executives in 36 countries, and discovered that 68 percent of them think VoIP is the chief threat to fixed line revenues. (Gee, y'think?) More than 80 percent believe that voice calls won't even be a major revenue source with 6 years; 60 percent think it will happen within 4 years. To fight it, 75 percent of telco execs think they need to find new services to preserve revenues, and that price cuts and marketing won't do the trick. Oracle put up the money for the study.
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