Telecommunications | KPMG | US

Telecommunications

Telecommunications

The global telecommunications industry is capital intensive and fiercely competitive

The global telecommunications industry is capital intensive and fiercely competitive

Aligning operations with rapid market transformation requires a critical eye on the current state and future challenges

Business transformation has reached a level of maturity in the Telecommunications industry, and executives view this period of rapid and dynamic change with optimism. Change - driven by technology, innovation, and consumer demand - is being viewed largely as a positive, and it’s creating new opportunities. Today, technology enables companies to change more efficiently, and though there is still inherent risk, it is greatly diminished. Companies that transform can take advantage of opportunities brought about by convergence. They need to adapt their business models to fight competitive threats and seize opportunities to grow.

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