How to save Telecom Business as Service Industry Handling a Vital Essential Service; at Verge of Collapse, World over.
Dated 13 June 2017
Introduction: No one can stop advancement of Technology; and then Technologies change too quickly and most Technology advancements disrupt the paths it grows through. Same is truer in Information Communication Technology also.
1. Advancement in ICT brought in convergence of Systems & Networks, Modes of connectivity, the End links & User end devices and converged various forms of ICN / ICT based transactions in transforming Universal mode of Telecommunication that greatly helped humanity in big way all across the World.
INTERNET is the best thing happened in the World of Communication Technology in past few decades and Net Neutrality opened out unhindered access to all and sundry without erstwhile hierarchical limits, more assured, better quality, simpler and convenient, faster and much cheaper.
IOT and IOE are the golden catch words that are changing the whole World deriving numerous advantage with it. Naturally therefore, strangling of “Net neutrality” will be a horrendous mistake.
Nonetheless, the following facts and concerns on this regard call for serious consideration of all stake holders; the Telecom Business groups, Regulators and the Government; lest the growth of Telecom Businesses; basically a Service Industry obliged to hande one of the Vital Essential Services, at affordable cost are becoming unviable and are soon likely to get destructed beyond retrieval.
This paper dwells on how in the above circumstances, can save Telecom Businesses at the verge of collapse, World over.
In this connection please also see what I wrote to TRAI in response to their consultation paper on ‘Net neutrality’ warning the danger of the influx of illegal OTTs that are becoming detrimental to Legacy TELECOM BUSINESSES, in the links below:-
wp.me/p1ZsI2-GA , wp.me/p1ZsI2-G5
Of course, mine being a sole voice against millions supporting Net neutrality, naturally TRAI appears to have ignored it then. Everybody is happy with anything free, Me too!!
2. Telecom Business is altogether a different Ball Game.
Industrialists thrived exploiting Country’s Oil as Gold dealing TELECOM the same way as some new found Gold Mine, will be problematic for the Country as well as for them.
It is heard that TRAI is having some rethinking of late, after the US is seiously considering bringing in regulatory measures on Net neutrality and China already implemented it some time back, more or less on the same lines I proposed long back in my blog ‘Net neutrality without hurting TELCOs and Users’ and about ‘Cyber Security’ the biggest Global Challenge of the day, in the following link:
Please click on the caption below to view my article on this in full. >>>
PS: This paper was published by me in Amazon Kindle books, many years back.
Also please see my proposal on these and also how Telecom has a vital role to play as the enabler in linking Digital Economy handling systems and Operation and support of Digital Money transactions across the Country.
“Universally Governments Operate Money As Commodity” to enable Governments to generate enough revenue sans Taxes. wp.me/p1ZsI2-11j #UGOMAC
Not convinced? Then look closely what the fast mushrooming FinTech Companies Operate in Prepaid mode, are doing. All those are sucking out ‘real money’ creating black holes of ‘virtual money’ everywhere killing Liquidity and pulling down Banking Industry that eventually will lead to disruption of Nation’s Economy.
In fact, BSNL missed the bus in getting into lucrative ‘Money through Mobile’ business and also becoming a “PAYMENT BANK” that could have helped BSNL to acquire huge Cash in reserve in lieu of converting it into Virtual Money under circulation, and also could have used BSNLs huge excess staff in business plans in that area.
In fact I gave a presentation to BSNL Kerala back in 2002 and offered my service to implement it, free of cost. Also wrote to BSNL Corporate, Planning Commission and Reserve Bank of India, years back when no one had even known of USSD based Mobile Payments and Mobile Banking etc. Please see my blog “Exclusively Banked Universal Money Management using Phones” in the link wp.me/p1ZsI2-4g Knowing that it is disruptive unless Government regulate it, I did not venture to do it myself and had been after Government and Reserve Bank of India to look into it.
And about how to tackle most “Contemporary Global Challenges using amazingly simple Technology Solutions, first of its kind ever. wp.me/p1ZsI2-1eJ
As Cyber security being a major global challenge any sensible Government need to have its own safe and secured Telecommunication Systems and Network that can provide such Digital Money services every where across the country and linking it with its safe and secured Servers and systems for its operations placed in an exclusive CLOUD.
Here is why the Government need to strengthen BSNL and support it without considering its economic viability, as Government can fetch enough revenue to compensate it and much more as explained in my proposal of ‘Government Operate Money as Commodity.’
Basically, Government Policies on Telecom shall be People Centric, not Money Centric.
Freelance Telecom & IT Consultant. FCOMNET India. Ex: Owner, Futuregroups India & UAE / V.P. (TS) SPCNL SIEMENS ICN, Germany / Director (TRG, TS & SC) SIEMENS RHQ UAE / G. M & SMT TBG BPL Mobile / TES (A) DOT India.