What does the future hold for utelcos? Well, while we polish our crystal balls, let’s take a quick look into the past.
For utelcos, what are the business models that can be employed to help them make the most of the opportunity? And moreover, once they are in place, what impact will these models have on the utilities’ businesses?
Of course, just because the communications opportunity is real for the utilities, doesn’t mean that all utilities simply need to follow the same blueprint to achieve success as utelcos. Every utility has a different constellation of assets and capabilities. For that reason, the utilities have had to build their telecoms business based on two factors:
Anytime there’s a business opportunity that looks promising, there will be entrants into the space from many different directions.
For example, when eCommerce originally hit the scene, we saw everyone from music producers to supermarkets to industry analyst groups attempt to hop on the wave and build a new revenue stream for their businesses. Some of them succeeded. Some have not. Some initially failed and then reevaluated the correct approach for their market, and have since retried and succeeded.