Telcos Focus on Mobile Trends

Telcos have a strong focus on Mobile and Cloud business trends. Bloomberg News states “Deals announced by major telecoms already amount to more than $80 billion.” The consumer demand has shifted away from areas such as home internet access. Telecommunication companies are now working to expand their technologies, meeting competitive demands in emerging trends such as integrating gamification, video conferencing, high speed networks and leveraging mobile.

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"Against a backdrop of growing usage of cloud and mobile computing, many global telcos are focusing on the areas of workspaces and industry solutions like machine to machine, in connection with cloud computing. Providers that do not offer mobile telecommunications services are lagging in the provision of mobile solutions. Vendors must embrace mobile communications in connection with cloud computing to stay competitive in a global market, and should accelerate incorporating solutions to their portfolios," says Yoko Ono, senior market analyst, Communications, IDC Japan.

SoftBank is one of the world’s largest telecommunications companies. The company is poised to push the biggest merger and acquisition deals in the industry since 2006. Japan’s SoftBank plans have encouraged new cost savings for Sprint equipment such as smartphones and will offer its own expertise in wireless technology. SoftBank has proven to overcome its challenges in attempt to acquire Sprint after its rival, Dish Network Corp. declined to takeover. Japan's Nikkei average reached a one-week high last Wednesday. SoftBank’s recent market gains have showed investors promise towards the takeover of Sprint Nextel.

A $350 million commitment to a program called "Aspire," which provides grants to schools, non-profit organizations and researchers for ventures aimed at increasing the country's high-school graduation rate. AT&T says it has spent $100 million on the program over the past four years, but it recently scaled up its investment, pledging an additional $250 million in funding over the next five years. But like its high-tech and telecom rivals, AT&T is weathering a sea change in its increasingly digital industry. As its classic landline business dies off and its wireless business grows, the company needs workers with a new set of technical skills.

Worldwide, telecommunications services have been rapidly adopting cloud and mobile. Japan and South Korea rank high in Android Platform revenues. U.S. and Japanese consumers regularly use credit cards as a preferred method of payment. Japan is known to be saturated with domestic app developers.