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Revenue Diversification Beyond Connectivity: Growth Strategies for European CSPs

Publisher IDC
Published Jun 26, 2023
Length 16 Pages
SKU # IDC18029758

Description

Revenue Diversification Beyond Connectivity: Growth Strategies for European CSPs


This IDC Market Perspective provides an overview of European telcos' digital transformation efforts to diversify revenue beyond core connectivity offerings. We outline key investment areas as well as organic and inorganic growth for the European telco market. This report also analyzes six key European telcos with a deep dive into three case studies of telco revenue diversification strategies."An important factor behind a revenue turnaround for telcos is to provide relevant 5G solutions to the market that focus on delivering outcomes. The scope of services beyond connectivity consists of a diverse range of B2B services and solutions for vertical industries. One of the most promising first target areas is cloud and edge services for enterprises in burgeoning IT areas such as AI, IoT, and cybersecurity," said Masarra Mohamed, research analyst, IDC.

Please Note: Extended description available upon request.

Table of Contents

16 Pages
Executive Snapshot
Introduction
New Market Developments and Dynamics
The Future of the Telco Market: A Modest Return to Growth
Telco Services Beyond Core Connectivity
Telcos as Digital Service Providers
Telco Path to Growth and Revenue Diversification
Organic Growth Initiatives
Inorganic Growth Initiatives
Revenue Diversification: European Telcos Case Studies
Case Study 1: Vodafone Group Revenue Diversification
Case Study 2: BT Group's Revenue Diversification
Case Study 3: Telefónica Group's Revenue Diversification
Advice for the Technology Supplier
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Related Research
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