The simple reality is that 5G technology is a much-needed advancement for mobile operators and consumers alike. As the fifth generation of wireless network technology, 5G provides up to 20 times the speeds of 4G networks and is designed to enable lower latency and greater capacity for multiple devices to connect to the same network.

Messaging services vendor Interop Technologies runs three data centers to provide services to customers and to run its own back-office systems. Interop also provides turnkey hardware/software solutions that run at customer sites. Pandemic-related hardware shortages, particularly those of servers and storage, have put a severe crimp in the way it does business.

Now that we understand the challenges for today's telcos, we understand that, in order to succeed, telcos need to embrace the changes and challenges within their market. Yes, consumers want different solutions and services than they did a decade ago. Yes, voice calls and SMS messaging will no longer be the core component of increasing ARPU. Yes, the Over-The-Top (OTT) players have changed the game with their innovative eye and quick-to-market solutions.

The proliferation of the Internet of Things (IoT) comes with countless potential benefits. Baby monitors, smart meters, even the connected car are all made possible by IoT technology. 

As the profit and differentiation available from mobile services such as voice, messaging, and data decreases, operators need to look to what mobile analyst Chetan Sharma has termed the fourth wave^[1.] in order to open up additional lines of business and create additional revenue streams.