Ryu Young-Sang, CEO of South Korean Telecoms Giant Sk Telecom, Told CNBC that AI is Helping Telecoms FIMMS FIMMS Improve Efficiency in their networks.
Manaure Quintero | AFP | Getty Images
Barcelona – Global Telecommunications Firms Are Talking Up Advances in Key Technologies Like Artificial Intelligence as They Look to Transition Away from Being Perceived as the “Dumb Pipes” Internet.
At the Mobile World Congress Technology Conference in Barcelona, CEOS of Multiple Telecoms Companies Described How they’re pilling money into new technological innovations, innovations, innovations 5g 6G networks, satellite internet and even smart cities.
Makoto Takahashi, President and CEO of Japanese Telecom Giant KddiDetailed Plans to build a smart city dubbed Takanawa Gateway City in Tokyo, as well as roll out direct-to-call satell satellite internet connection in partnership with Elon musk’s Starlink Venture.
Ralph Mupita, The CEO of Africa’s Larget Mobile Network Operator Mtn, also Took to the Stage to Share How the Company has made significant strides towed detergling a company that offers both wireless connecticity and Fintech Services Such as Payments, E-Commerce, Insurance, Lending and Remittans.
“The Telco Business has served us well. It has iterated since. But the future is related about the future of platforms,” Mupita said in his keynote talk, adding the company haas in ad willing Areas such as media streaming and financial services.
From ‘Dumb Pipes’ to ‘Techcos’
Some lingo that has gathered steam in the telco industry for the last couple of years IS The phrase “techco,” a portmanteau of the words “telco” and “tech.”
The Term Reefers to the idea of a telco firm that operates more like a tech company-one that invests in cutting-edge technology and offers digital services to consures to help them make money make money make money make money make money from the Capital Expenditures they’ve allocated to upgrading their wireless networks.
For two decades, tech giats such as Meta, Google, Amazon, Apple, Microsoft and Netflix Have flourished in a world where content can be delivered directly to people’s devices, consucers can communicate seamlessly with one another, and data can be stored or stored on Cumbersome infrastructure – all thanks to innovations like the internet, smartphones and the cloud.
However, these innovations have disrupted telecom firms’ Business models, to the point where they’re now often perceived as legacy players that are only there on That enable internet connectivity.
It’s a dilemma that’s earned telco brands the Pejorative term “Dumb Pips.”
“I Remember Early in the Industry, Even Before Mobile Internet when SMS Used to Be the Killer App,” Hatem Dowidar, CEO of UAE State-Owned Telecom Company E &, Said IN AT MWC. “We used to make messaging revenue. We used to make voice revenue.”
“All this over the Years Got Disrupted by over-the-top players, to the point that today, a lot of telcos around the world are reduced to being a pipe of packets of packets, just gettingworks the Networks,” Added. “And competition is not staying stil. They have the scale, they have the investment to go and disrupt even further.”
Telcos embrace ai
Ryu Young-SANG, CEO of Sk TelecomTold CNBC’s Arjun Kharpal That The South Korean Telecoms Giant has looked to ai technology to help it improves the efficiency of its wireless wire Numerous Telco Operators’ Boots at MWC.
“For Telcos, there are two aspects of ai. “As a user, you are a telco business, you can improve your network efficiency, marketing and customer service by using the ai technology. You can improve your Oproations.”
“The other aspect is, ai can be a growth engine, a new business options options for telcos,” He added. Data Centers, The Facilites that Offer Computing Capacity Needed to Run Generative Ai Applications Like Chatgpt, Are Another Key Area Where Area Are Telcos Like Sk Telecom Can Play A Key Role, Young-Sang-Sang-Sang-Sang-Sang-Sang-SAD SAID.
In the western world, the race to build data centers is one that’s been Mostly dominated by cloud computing giants – or “Hyperscares” – Such as amazon, microsoft and google. However, sk telecom is aggressively expanding ai-redy data centers of its oven globally, according to the firm’s ceo.
Can telcos catch up on tech?
For many telecom industry analysts, chatter about telcos seeking to transform themeselves into tech players isn’t entryly new – Companies in the industry has live and longed Communications and media has been dwindling.
Caster Mann, Director of Consumer and Connectivity at Market Research Firm CCS Insight, Told CNBC That While He’s Not A Great Fan of the “TECHCO” TERM, IT’s Somentry Continues to Focus on and Has gathered pace in the context of the ai boom.
“Ai can influence so many areas … and obvious that does play to that trend Around Telco to Techco and Operators Positioning themselves more than just a connectivity provider,” Mann Said.
So-called “Autonomous Networks,” Or Networks That Can Be Managed and Fixed With Limited Human Oversight, is an area that’S that’s Quickly Gaining Traction in the Industry, According to Niking to Niking to Nik Telco Industry Association Tm Forum.
“Autonomous Networks is a movement we see moving from theory to reality incredibly qiqly, thanks to advancements in ai combined with a new Level of Ambition and Industry-WWID
This tech “can unlock a step-change in operating and capital efficiency, improving ebitda and free cashflows, as well as unlock new revival options and much-needed improvements in consolation Experience, “He added.
Jeetu Patel, Chief Product Officer of it networking giant CiscoSaid He Sees Telcos Playing a Vital Role as Ai Drives Up Demand for Network Traffic and Bandwidth.
“The reality is this: the network bandwidth appetiite is going to increase exponitively with ai,” Patel Told CNBC. “Today, 100% of our workforce is human. Tomorrow, you will have that being augmented by ai agents, robots, humanoids, a lot of edge devices.”
“These agents are going to be more chatty and they’re going to require more network traffic and bandwidth,” He added. “I Think Service Providers have a significant role to play. In my mind, the options is not gone for them.”
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