Traditional telcos must take their heads out of the sand and respond to the Internet boom, or die, warns a report by the International Telecommunication Union (ITU).
The report, published to coincide with the ITU Interactive 97 show in Geneva this week, said telcos are ?nervous? about the Internet and are ?unaccustomed to adopting new technologies and services from a sphere outside their control?.
The ITU accuses telcos of being slow to react to the onslaught of the Internet, although it has been around in some form for more than 25 years. However, there may yet be some opportunities for telcos to exploit on the Web, suggests the report.
There are some forward looking telcos that are now beginning to emabrace the Internet, viewing it as a third network, next to fixed wire and mobile. The advantages for operators go beyond the simple provision of new lines, but, ?as the Internet incorporates more and more multimedia information, users will demand - and pay for - high performance?, suggests the ITU.
In terms of competitors, carriers must watch out for emerging services from cable TV operators offering high speed Internet connection, as well as wireless service providers, and satellite operators.
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