It’s time to face the future. Remember when a consumer called the phone company for voice service and the cable company for television service? Those days are long gone. Across the cable, wireless and telecom landscape, convergence is creating a single marketplace. Diverse companies are racing to capitalise on the high-speed digital future of that marketplace - from wireless and broadband services to new advertising and content distribution opportunities.
Amidst today’s many uncertainties, one thing is clear: The industry that entered this transformative era will not be the industry that emerges. The winners will be companies that nimbly manage change to fuse state-of-the-art technology with a clear and sustainable vision of the future.
Successful digital transformations demand access to capital markets, a strategy to attract and retain customers, the ability to identify new revenue streams, and continual realignment of the organisation and culture. At the same time, the accounting, tax and legal implications must be validated.