Vodafone CEO Calls For Change In Carriers’ Business Model To Cope With Increasing Bandwidth Demands
Unlike the other businesses, the explosion in smartphone usage has caused a terrific rise in bandwidth consumption, which has forced the
to heavily invest most of their earned revenues back into the system to build additional capacities leaving little to no profit.
According toVodafone's CEO,Vittorio Colao, the issue could be resolved by significantly altering the existing business model of the carriers to enable them cope with demand for (more…)