Telecom

The telecommunications industry has changed radically in the past 10 years as data-hungry customers with smart devices consume ever more bandwidth. Over this period, operators have expanded their service portfolios and overhauled their price plans to meet explosive demand, while rising capital expenditures underline the ongoing imperatives to upgrade network capabilities. Operator performance varies significantly by region. North American and Asian telcos have outperformed other regions, benefiting from increased scale and strong secular growth opportunities, respectively. Meanwhile, European operator share performance has improved on anticipation of consolidation, while Latin American telcos have felt the brunt of a worsening macroeconomic outlook. While many players are diversifying their revenue streams, ensuring that new services deliver healthy margins remains challenging. At the same time, over-the-top (OTT) players are also expanding the scope of their offerings, disrupting different industry verticals in the process.

All entities in the digital ecosystem are now seeking new points of differentiation in order to maximize their share of customer spend. As a result, issues of competition and collaboration have never been more pronounced. While operators still enjoy a majority of ecosystem revenues, OTTs have grown their share to 10% in the space of a few years, and competition in retail and distribution is becoming more intense.

The American Telecom industry is in a phase of consolidation after witnessing tremendous growth over the past few decades. However, the Telecom sector is likely to create few new jobs on the back of technological advancements, deeper penetration of smartphones, and entry of new players in the segment. These crucial sets of leaders will be instrumental in determining the market capitalization and share of individual operators in the industry. This is where at Latitude we become the most trusted partner for our clients by acquiring talent from across the industry, to cater to their executive needs. We have a designated team specializing in the Telecom sector to provide customized solutions across verticals, including Telecom operators and OEM’s, devices handsets providers etc. Our team of qualified Telecommunications experts, who have worked in the industry, give valuable advice to clients and hence provide the best talent to companies. The team has a strong network by virtue of which they have access to the right talent in the industry. A knowledgeable team also helps us to screen candidates at our end, thereby reducing the recruitment time for companies.