A recent PwC survey of CEOs in the telecommunications industry found that 46% do not feel their company would be economically viable in the next decade if they continue on the same path.
“As the group manages the delicate migration of revenue between old to new technologies, it is challenged with managing the costs associated with the different technologies, the competitiveness and sustainability of the group,” it stated. PwC said that skills and capabilities in the context of telecommunication company workforces might be the biggest challenge facing them as they try to adjust to emerging technologies and markets.