Three ongoing challenges facing the telecommunications industry

There is good news at least for the major market players and probably also for end customers in the mobile communications market!

The German government will probably forego a new tender for UMTS licenses as in 2019 and extend the existing licenses. The aim is to close the remaining gaps in the German network. in 2019, the governing coalition at the time had balanced its budget with almost seven billion euros in revenue from the auction of UMTS licenses, but the consequences are still being felt today. The high licence expenditure led to state revenues and, at the same time, to a delay in the necessary further network expansion due to the forced cost-cutting programs at the winners of the auction.

We have identified three major challenges.

1. In terms of costs, the telecommunications industry is in a tight situation. Investments have risen sharply to over 13 percent of turnover. Intero Consulting can provide support in the current situation with a variety of programs:
   1. Cost-saving programs , particularly for hardware and software
   2. Purchasing support in negotiations for numerous products
   3. FinOps cost management in the cloud
       
2. At the same time, the challenges posed by technological innovations are increasing. For example, the strategic use of AI solutions means that procurement and IT managers in particular are spoiled for choice when it comes to new approaches: On the one hand, numerous old solutions can be replaced by a single system (as is currently already happening more frequently with contact center management solutions); on the other hand, appropriate contractual solutions for risk protection and compliance regulations must be found for the new programs. Here too, Intero Consulting can provide support based on its extensive experience. A flexible ramp-up scenario with an illustration of the pricing options provides you with an important basis for decision-making!
    
3. Finally, it can be assumed that cyber attacks from totalitarian states such as Russia on German and European critical infrastructures will continue and even increase. As a result, not only will cyber security departments have a lot of work to do, but compliance requirements will also increase in every respect. Intero Consulting can also provide you with useful support in this area. Our experience includes:
   1. The creation of risk management concepts
   2. The design of compliance strategies
   3. Accompanying audits by the responsible authorities

Intero Consulting wants to make its contribution in this area.

We are happy to support you with our effective solutions.

You can find an award-winning example HERE, when we were awarded the coveted 1st place of the special prize "Digital Transformation" of the Best of Consulting Mittelstand Awards 2023 for a highly successful software portfolio management project.