Interesting, and applicable in philosophy to everything else that's
going on, cf Friedman etc.
Tory
On Aug 7, 2010, at 1:44 PM, peter baston wrote:
This from one of the most conservative Telco CEOs in Europe
Or should it be called " why the Iphone - Pad and Android will rule
the world " Get out of telco stocks NOW unless they really get it !!
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http://www.forbes.com/2010/08/06/lombard-microsoft-apple-google-intelligent-investing-france-telecom.html?boxes=Homepagelight
Alexandra Zendrian, Forbes: How do you anticipate this year will go
for France Telecom ( FTE - news - people )?
Lombard: 2010 is a major year for the telecom sector worldwide.
People have made a lot of moves with evolution of Internet and
activity of telecoms. What is happening right now is restructuring
for the sector. Usually the way it works is the customer selected
the telco and he enjoys having the Internet, phone, etc. The
ecosystem is organized around the telco, with additional services
coming form a lot of players. Now the data traffic in mobile is
exploding, which means that all customers worldwide are using the
phone as portable PC--not just with the neighbors and friends but
also a tool to be fully integrated into the network.
The big revolution which is happening now is that in the future the
customer will choose first the services they want and the device in
which they will receive the services. The secondary requirement will
be the network. We've reversed the model. The customer is fully
interested by service and device and content and the network is an
accessory. They think that they can find the network anywhere. It's
a drastic change in business model. There needs to be an investment
in these different parts to be sure that the model we have can go
on. We have to be sure that each part will get necessary financing
to invest at minimum level to ensure services.
The networks, where the initial telephone network was installed a
long time ago. No one had to pay for new networks for a while. And
now fiber optics came along, which cost billions. You have to be
sure that someone will pay for the investment. You have to be sure
that content provider have to find some part of the revenue. The new
model that I described which starts from service provider guarantees
that the revenues will reach these areas.
The fiber is very expensive because the solution which is very
efficient is to use this. We will wire each individual home. This
works in comparison to what happened during the last century. We
will do something like that in five years. The work wasn't done by
our predecessors in 80 years. So there's an acceleration of the
investment period and a lot of additional expense with new
technologies. The characteristics of the new digital world is that
everything is under the control of powerful software.
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( : ( : pete
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Peter Baston
IDEAS business technology integration
www.ideapete.com
Cell: 505-690-3627
Mailto:[email protected]
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TORY HUGHES
[email protected]
Tory Hughes website
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