WASHINGTON-During the next five years, wireless data providers will face dwindling coffers and many could even be forced to sell their assets, according to a recent assessment from Mercer Management Consulting.
In order to survive, wireless data carriers will need to align their businesses with the realities of the current economy, slow customer adoption, unmanageable platform and device complexity, and an explosion in operating expenses.
“If spending on infrastructure goes ahead as planned, without the emergence of new business designs, a number of existing carriers will not survive,” explained Bill Bane, a Mercer vice president.
“The carriers that are open to reinventing their core businesses or creating incremental new businesses stand a far better chance of success in wireless data, while those who cling to technology and products will perish,” he added.