Wholesale voice is a crucial part of the telecoms industry, making effective routing of both national and international traffic possible and generating considerable revenue. The industry is changing rapidly bringing with it increased challenges but an expanding range of new opportunities. These changes have the potential to completely reshape the industry and how businesses operate. It’s important, therefore, to plan ahead if you’re going to take full advantage of these emerging opportunities.
5G Networks are driving unprecedented change
5G networks and business models that accompany them are driving increasingly rapid innovation. From network sharing to 5G roaming and the vast potential of the Internet of Things (IoT), the potential opportunities are vast and growing.
Across the world 130 communications providers have already launched 5G services, with the 5G and LTE market expected to hit $1 billion by 2027. The total number of global mobile subscriptions is now around 8 billion, with mobile broadband subscriptions reaching 6.5 billion by the end of 2020.
Wholesale at the centre
At the centre of all dynamic growth is wholesale. Arguably, the industry is becoming more fragmented as new segments and stakeholders come into play. 5G is driving this shift, as network slicing, new private networks and a huge increase in IoT traffic crossing multiple networks creates a huge range of new opportunities. Roaming and inter-network challenges will emerge that nimble, forward-looking operators will want to be ready for.
Flexibility is key
While the direction of travel is clear, the exact configuration of the future is unclear. This means that flexibility has to be built into your approach to enable you to support new operational models, new partners and different performance requirements.
Can your existing systems handle new ways of working and is your current platform up to the job of supporting these new opportunities?
A systematic transformation
5G has already set in motion a thoroughgoing and truly transformative process. It is creating new sources of traffic, new business models and allowing new, innovative players to enter the market. To be ready for this change it’s important to understand the key drivers facilitated by 5G that are all set to impact wholesale over the coming half decade.
Learn More
We have identified 8 initial 5G emerging markets that should be of interest to forward-looking operators. Our study outlines these in more detail as well as exploring how Enghouse is responding to these changes and can help operators face this transition.
