Telcos face competition from Facebook, Google for failure to innovate, expert says

Fri, 21 Jul 2017

By Sophie Boot July 21 (BusinessDesk) - Telecommunications companies such as Chorus risk being left out of innovation led by the likes of Facebook and Google because the internet companies are creating new services without having to work with network owners, a telecoms expert says. Infrastructure owners play a minor, if any, part in the creation of new services, and there is a new generation of digital services companies who are innovating without any need to work with those owners, Richard Feasey, an associate at Frontier Economics, told...

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