Banking dates back to the Mesopotamian era (i.e., 8000–2000 B.C.) when Babylonians depositing gold had to pay as much as one-sixtieth of the total deposited. In fact, the code commissioned by Hammurabi, king of Babylon c. 1792–1750 BCE, stipulated in several laws how citizens were to conduct their banking activities (i.e., loans, repayment, deposits, etc.). Today, […]
Telcos
When many businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. The price and marketing choices made by the rival companies serve as their points of […]
Although it is frequently considered just a technical and infrastructure initiative, transforming it into a composable enterprise affects the entire company. People need to remember how important the human factor is for the success of such digitalization initiatives. Only if employees actively support and use the new technologies can they fully exploit their advantages. Ensuring […]
The crypto winter that began earlier this year with Russia’s invasion of Ukraine has turned into a disaster with the recent FTX crash. While the ultimate fate of FTX and its creditors is not yet decided completely, it is not all doom and gloom. Telcos may have a significant chance to jump in and take […]
In the age of information and the attention economy, the advertising industry is experiencing major changes. The Meta (Facebook) share drop might mark the beginning of great change coming to the advertising industry, and telecom companies might be at the center of it all. The pursuit of digital advertising by telcos is not a new […]
Automation, Analytics and AI For a service provider (SP) to compete in an increasingly competitive market, it must invest in three categories. It’s well understood that analytics, AI and automation, the three As, will pave the way for any telco looking to futureproof its operations. But how can SPs make sure their investment is worthwhile? […]
Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers on Monday made their strongest push for Big Tech to share network costs, citing the energy crisis and EU climate change goals. The call comes as the European Commission prepares to seek feedback from both sides before making a legislative proposal that could force tech […]
One of the main elements that ensure interconnectivity in the world is the telecom industry and the permanent telecommunications solutions given by knights of such industry. The telecommunications sector guarantees an intertwining between private communications and business interactions, making it an integral element of everyone’s day-to-day activities, be it through our smartphone and their connection […]
We frequently ponder what the future will bring. The Vice President and Prime Minister of the United Arab Emirates (UAE) and Ruler of Dubai, H. H. Sheikh Mohammed bin Rashid Al Maktoum, has stated: “Anyone who thinks that the world after COVID-19 would be the same as the one before it, is mistaken.” Change is […]
Set Your Business in Motion In times where customers’ needs evolve at breakneck speed, recent studies have shown that leveraging multiple channels is a real game changer especially when incorporated into marketing strategies. In fact, by allowing businesses to manage marketing campaigns and communication in any situation and across multiple mediums, you open up a […]