Increase in smartphones impact the revenues of Telecom industry

Summary:

• Skype costing 36.5 billion$ annually for the global telecom industry.
• WhatsApp and WeChat has impacted the SMS revenues to fall down.
• Overall international voice calls are reduced due to skype and google hangout.
• Hope for indian telecom industry as most of the rural India still uses voice calls.

Details:

• Skype and Google Hangout impact the Over the Top (OTT) i.e. voice calls
• India ranking 5^th, led by China, US, Brazil and Germany in the global user base. This has a high impact
• Though Voice calls are cheapest in India, there is a threat that data calls can take over the revenues.
• SMS revenue fallen to 3-5% (of overall revenue) compared to 7-8% of previous year.
• AppStore and Playstore dominated the operators apps that control the billing

Reference: “Apps May  Prove to be a Drag on Teleco’s” – Economic Times 24^th OCT 2013

Related articles

• Google Hangouts vs Skype: Which is Cooler? (blogsitestudio.com)
• Google Plus Hangouts For iOS Gets Free Phone Calls (techweekeurope.co.uk)