# 10 Big Realities for Telecom Companies
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I've been doing quite a few presentations within the telecom sector. I still find a lot of senior management and staff don't get the sheer depth of the massive change sweeping the industry. Here's a list I've put together that outlines the reshaping of the industry -- and which will mean that a good number of organizations in the industry today won't exist tomorrow.Everything commoditizes -- and business plans require radical, instant surgery as a result New competitors continue to emerge overnight -- agility and flexibility are the keys to survival Hyper-innovation means that you must plan for tomorrows' market right now -- and that market will last only six months at best -- before being obsoleted by the next market advance Rapidly evolving technology results in a battle for skills - those who can access specialized global telecom talent are the survivors Telecom service offshores to Asia -- new telco's start to serve global customers at rock bottom prices -- as offshore telecom takes hold as a real business model. Think mainstream carriers can compete? Skype destroys telecom -- not because of Skype-to-Skype calling -- but due to Skype-to-PSTN Yottabit capacity comes to telecom in quantity by 2007, further destroying margins and plans Attitude transformation in existing mainline telecom's becomes a key element for potential survival -- those who realize that "we're not in Kansas anymore" just might make it. Maybe. Plan destruction -- going forward by challenging all assumptions and eliminating habit -- becomes more important than business planning. Generational warfare reshapes the industry at a furious pace. Most telecom's are managed by 40+ year olds. Kids are different, exist in a different world -- and are redefining that world. Those who can tap their insight will be those who can excel. on my keynotes in this area can be found here.

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Source: https://jimcarroll.com/2005/06/10-big-realities-for-telecom-companies/