The key challenge for telecom operators (telcos) is to go beyond connectivity and provide business solutions to enterprise customers, as well as connected home and digital lifestyle services to consumers. A solid ecosystem strategy and effective execution by operators are key requisites to address this challenge.
About 60 LTE-M and 110 NB-IoT networks were in operation worldwide as of February 2022. With commercial launches of long-term evolution machine-type communication (LTE-M), NB-IoT, and private LTE networks, in addition to the launch of 5G in different regions, traditional mobile operators have started launching more affordable and attractive connectivity offerings. Stretching beyond their role as connectivity providers, telecom operators are acquiring end-to-end IoT capabilities with new business and operational models that promote greater agility and flexibility.
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