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TELECOM: Revenues have increased after every crisis

January 04 2010

Historically, telecommunications revenues have increased after every crisis since the 1970s. Policymakers understand that TELECOM sector has traditionally shown financial resilience and can help rejuvenating the Region’s entire economy.

 

The best examples come not very long ago. The “Argentinean crisis” where Argentina entered a recession in 2000 and it peaked in 2002, with GDP falling by 10.8 percent, unemployment reaching 23 percent, and inflation at 26 percent. Telefónica de Argentina aggressive measures were crucial to the company’s survival and allowed it to become a life line for the entire economy. The Turkish economy experienced a recession around the same time, with very high inflation, a 7.4 percent drop in GDP, 58% percent currency devaluation against the U.S. dollar, and 10 % percent unemployment. The telecom sector actually offered significant growth potential during this period and came as the economy’s savior. Turkcell took advantage of the opportunity responded by drastically reducing its cost and reaped the benefits of being proactive. Within the not so far history there is possible to find much more examples claiming this relation.

 

Fleming Gulf – B2B conference producer monitor very carefully current local and global situation and reflects this by its newest event within Telecom sector launching the TELRO 2010 – Telecom Revenue Optimization Conference. This will take place from 5th to 7th April, 2010 in Dubai, UAE.

 

The main objective is to bring together the most important decision makers from Telecom and related solution providers to discuss and discover the best way how to handily and properly go through the current situation, and optimize the telecom revenue.

 

Down-to-date technologies enable many cost-savings solutions for provider and services widering for customers. Ultimately this means better services for subscribers, more sattisfied clients, lower cost of service provider. This finally leads to economy rejuvenation via telecom revenue optimization.

 

In order to achieve this there is an imperative to discover how to respond to the current market situation; Learn the business models other operators and vendors used to emerge as winners in a declining profit margin market; Minimize the expenditures by looking carefully at the right options and all hidden costs and optimize the revenue generation by extracting business from a saturated market.

 

 
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