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2023 Telco Insights - MVNO Nation Live Event Whitepaper

Written by Lifecycle Software | May 11, 2023 1:03:02 PM

MVNO Nation Live have prepared a post-event whitepaper with key information about what happened, hot topics in the industry as well as some trends and innovation tips.

Throughout this post, we will touch on some event highlights that could be very interesting for you. If you belong to the telecom industry keep reading this post and get advice from the best of the best on growth strategies and the latest tech opportunities, video interviews with the top industry experts and discover the most innovative MVNOs.


You can download the full report at the end of this post.

 

Today, being an MVNO means cutting through the noise and discovering the spaces in which you can disrupt. Let's uncover some of the main points talked during this big event:

 

1. Why the public cloud is perfect for MVNOs?

The public cloud can democratise technology, giving you worldclass software at a price you can afford, with the ability to scale and pay as you grow. It also lets you experiment and bring new ideas to market fast, and you don’t need an IT team to manage it. You don’t have to settle for less anymore. You can plug into the public cloud and modernise your offering, personalise the subscriber experience, build loyalty, and drive up ARPU. That’s how you become an internet company. That’s how you get to number one in customer satisfaction and not only crush the competition but actually reduce churn and grow ARPU.

 

2. 5G: what’s in the horizon?

The world continues to evolve at a pace never before experienced, and from here on in, these shifts will never slow down. It can be overwhelming, especially for our customers, which is why our role is to stay ahead of the curve so that we can do the hard work and heavy lifting for them. 

We know, more than anything else, that customers today want nothing short of a simple, hassle-free user journey.
Complexity, for them, needs to be crushed and we must focus on delivering services and offerings that have been designed specifically around their own attitudes, wants and needs. All this being said, MVNOs themselves can never afford to fall behind when it comes to tech. The very nature of your business dictates that your energy and attention should be spent identifying the opportunities and challenges that the likes of 5G, automation and eSIM provide. Time should be spent addressing how these advancements can be used to your business’s advantage. Can the Cloud, for example, help you with hyper-personalisation? Are you using automation as effectively as you could be? And do you already know what 6G could mean for you? The chances are, however, that these moves won’t be possible without the right analytics, support and partners. But once you have these in place, the possibilities are endless.

Key Highlight: 6G is starting to come to the market but won't be fully present until 8 years from now. The 6G will help MVNOs optimize their slicing. It will open up a lot of new applications whereby MNOs could potentially sell MVNOs a slice that also offers radio control.

 

3. Tapping into the IoT opportunity

  • There are 13.1 billion IoT connections worldwide right now;
  • Threefold growth in connections is forecasted by 2030;
  • IoT has a market value of $213 billion… which will rise to $621 billion by 2030;
  • Consumer accounts for 58% of all connections and 29% of the total market value;
  • The largest consumer use case is connected consumer internet and media devices – for example, wearables, smartphones and smart home devices;
  • Enterprise use cases such as track and trace, office equipment, fleet vehicles, tracking and utility smart meters account for 30%;
  • Retail and wholesale – think payment processing devices – make up the remaining 12%. 

4. Is eSIM adoption about to accelerate?

We know, more than anything else, that customers today want nothing short of a simple, hassle-free user journey. Complexity, for them, needs to be crushed and we must focus on delivering services and offerings that have been designed specifically around their own attitudes, wants and needs.  All this being said, MVNOs themselves can never afford to fall behind when it comes to tech. The very nature of your business dictates that your energy and attention should be spent identifying the opportunities and challenges that the likes of 5G, automation and eSIM provide. Time should be spent addressing how these advancements can be used to your business’s advantage. 

  • 89.8% of MNOs plan to offer eSIMs by 2025
  • 14bn e-sim capable devices will be shipped by 2030 

 

Below you can have a more detailed view of the data, trends, and innovation tips and learn how to scale your MVNO.