Billions in Investments are Necessary in the Telecommunications Industry

People ♦ Published: January 29, 2011; 11:19 ♦ (Vindobona)

Investments for three to four billion euro are required by the Austrian network technology according to Karim Taga (AD Little).

Billions in Investments are Necessary in the Telecommunications Industry / Picture: © Vindobona.org

The CEO of the consulting firm sees the telecommunications industry under severe pressure. By 2014, Taga foresees data traffic in Austria multiplying by 32. The amount of data has been growing exponentially for ten years already. Besides, price competition and the elimination of roaming fees is to be considered too. Therefore, new product design and pricing are required.

In…