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   Technology StocksThe *NEW* Frank Coluccio Technology Forum


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To: Peter Ecclesine who wrote (46812)8/16/2021 12:38:12 AM
From: elmatador
1 Recommendation   of 46820
 
Telecoms innovation talk may be nothing but hot air

A history of squandered opportunity bodes ill for technology growth
Fildes AUGUST 13 2021

No expense was spared when Telefónica set up its London incubator a decade ago, as the Spanish telecoms group installed collaborative spaces, gaming pods and meeting rooms in the form of hot-air balloons. Staff from the company’s UK mobile network O2 were not even allowed in.

Telefónica Digital was dissolved after just two and a half years. But it stands as the sector’s boldest attempt to tap into start-up stardust.

Cash-rich telecoms companies with tens of millions of customers should be hothouses for innovation. But although the sector has been critical to the digital age, it has squandered the opportunity to be a tech trailblazer.

The industry has been exceptional at predicting the future but spectacularly bad at reaping the benefits. The first cloud storage, digital content, mobile payments and video conferencing services all bore telecoms brands and became highly lucrative ventures — for other companies.

The MP3 compression technology that drove the download market was invented by Telecom Italia staff. Three, the UK operator, pre-empted the era of YouTube and Spotify by launching successful video sharing and music platforms. Vodafone was ahead of the curve on mobile wallets and mobile commerce. Yet none paid off in extra profit.

Buying into the future hasn’t worked either. BT spied an opportunity to connect phone calls within apps when it bought promising US start up Ribbit in 2009. Ribbit quickly failed but rivals have blossomed. Twilio, for example, is now valued at $67bn — more than twice the current market value of BT.

The common theme on why these attempts to innovate fail is hierarchy. Telecoms companies are large, regulated, bureaucratic beasts that demand control and lack patience. Bright ideas are smothered at birth as boards have become risk averse.

That caution is evident at BT’s research labs. Adastral Park, which takes its name from the Latin per ardua ad astra (through adversity to the stars), is driven not by “moonshots” but “applied research”. That esoteric work may underpin huge advances in future telecoms networks but it is unlikely that BT’s consumers and investors will even notice.

It is a similar story at Bell Labs. The US research powerhouse, once the beating heart of then all-powerful AT&T, lays claim to inventing everything from transistors to information theory to the digital hearing aid. Yet author Douglas Coupland described finding a company under a “massive bell jar in which time has gone static” when he visited last decade.

A new generation of telecoms executives are once again talking up a big growth game in digital innovation based on 5G and full fibre. They paint a picture of networks at the heart of an even more connected world. Yet research & development spend sits between 1 per cent and 2 per cent of revenue at most large telecoms companies, according to MTN Consulting.

Even Telefónica relaunched a dedicated technology arm two years ago promising double-digit growth once again. As it tries to sell a stake in the business, the proceeds may tell us if the latest tech drive was worth the effort or just another case of hot air.

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To: elmatador who wrote (46813)8/16/2021 7:47:29 AM
From: Peter Ecclesine
3 Recommendations   of 46820
 
All over the world regulators debate how much more spectrum for cellular, how much more for Wi-Fi and other unlicensed device technologies.

Cellular culture is the problem, it is entitled to its fair share of everything.

dynamicspectrumalliance.org

Dynamic Spectrum Alliance resources
dynamicspectrumalliance.org

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To: Peter Ecclesine who wrote (46814)8/27/2021 8:58:05 PM
From: joanadavidson
   of 46820
 
I definitely agree, Sir. Cultural problem is the main reason and organizations must take actions to this.

Davidson

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To: David121314 who wrote ()10/17/2021 12:28:16 PM
From: robertjames
   of 46820
 
Thank you for sharing this.

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To: ftth who wrote (20855)10/17/2021 12:29:31 PM
From: robertjames
   of 46820
 
Very informative !

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To: Peter Ecclesine who wrote (46814)4/12/2022 1:01:30 AM
From: elmatador
   of 46820
 
Russian government said it would only extend telecom operators’ licenses beyond 2023 if they used Russian equipment, according to Reuters.

https://www.sdxcentral.com/articles/news/ericsson-pulls-out-of-russia/2022/04/#:~:text=Ericsson%20is%20suspending%20its%20business,to%20a%20company%20press%20release.

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To: Peter Ecclesine who wrote (46796)4/13/2022 3:57:10 PM
From: Maurice Winn
7 Recommendations   of 46820
 
I just caught up with the sad news, nearly 2 years late. What a great Silicon Investor record Frank had.
Date JoinedSep 4 1996User Level50
Posts32087Boards Moderated1
PeopleMarks227Bans Issued0
Ignored By0Bans Received0


So many people marks and zero ignores. That's impressive.

People like him made Silicon Investor great, providing information which in bygone times would simply not be available. and certainly not with the opportunity to discuss, question and enlarge, with multiple knowledgeable people adding further value. What an amazing time in which to live.

In appreciation to Frank,
Mqurice

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To: elmatador who wrote (46818)4/29/2022 5:42:29 PM
From: Maurice Winn
1 Recommendation   of 46820
 
Since so many countries have declared war on Russia Russia Russia, drooling like Pavlov's dogs, with trade and other embargoes and attacks, of course Russia tries to internalise functions. Or trade with India, China and other more sensible people.

Mqurice

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