Wednesday, November 19, 2014

Competition, not consolidation, is the way forward

Rewheel, the ‘pro-competitive’ Finnish analyst house, has completed its mobile internet access competitiveness report, Q4 2014 and released some of the key numbers. I like Rewheel for their dogged insistence on loudly calling out numbers which much of the rest of the European telecoms industry doesn’t like to hear. In particular, the industry doesn’t like to hear evidence which runs against the seemingly unshakable conventional wisdom that European telecoms and IT salvation lies in building ‘too big to fail’ pan European telcos along the lines of AT&T and Verizon.  

The idea is that we should sacrifice price competition to consolidation and scale and so affect some ‘market repair’. The financial community, which has watched as the European telecoms industry floundered about in the financial crisis and subsequent recession, loves this idea.

read full article at TelecomTV


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