A rising tide raises all boats, or so the saying goes. No operator can do this on their own — 5G requires a full ecosystem to reach its ultimately potential. 5G is creating a burgeoning ecosystem of app makers, service integrators, platform developers and others who are rushing to fill the voids they recognize. 5G’s potential has no limit and the telecom industry must seize this opportunity to redefine its business model to monetize 5G.
Communication Service Providers (CSPs) are shifting their own commercial and operational principles to align with 5G transformation. The new 5G technologies which will drive telecom industry growth for the next decade requires a rethink of stakeholder partnerships, especially in an era where some stakeholders are also competitors.