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Stock impact report

Omdia: China Mobile leads telco-to-techco transformation benchmark [Yahoo! Finance]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Yahoo! Finance
The Omdia study assesses the efforts of 12 leading telecom service providers globally as they transition towards the techco operator model, integrating communications and technology services. The high cost of deploying 5G and fiber networks, combined with low growth in revenues for communications and connectivity services, is leading many telcos to reinvent themselves as techcos that provide technology services, primarily to the enterprise sector. "A telco that has adopted the techco model successfully is a software-based organization that offers services in areas such as AI, big data, the cloud, and IoT, and can implement digital transformation for specific vertical sectors," said Matthew Reed , Chief Analyst, Service Provider Strategies , at Omdia. China Mobile ranks first in the telco-to-techco benchmark with a score of 31 points out of a potential maximum of 40, based on the scale of its high-speed broadband platform; its capabilities in AI, big data, and security; and its p Show less Read more
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