The challenge for the comms industry is to find new value anchored on the network but above the network
By Martyn Warwick
Nov 28, 2016
Marcus Weldon President of Bell Labs and Corporate Chief Technology Officer, Nokia
Marcus Weldon, pragmatist that he is, believes that there will be no single "winner" in the so-called 'battle to the death' between telcos and the OTT players. Rather, both sides will survive and combine in various ways. Thus he sees a future where there will be perhaps 10 global comms survivors and 100 local comms survivors, with the global survivors likely to be a combination of web-scale players and remaining telcos that will loosely federate to create a de facto global network alliance. He also believes that 5G is indeed a metaphor for the future of the entire global communications industry and points out that there is enormous potential for telcos and CSPs to deliver both internal and external services across a single common platform, not least because of the ability of edge cloud technology to be a wellspring for new value to be created on the network but above the network.
FILMED AT: The Great Telco Debate, 2016, London
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