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Date: 2004.04.20 10:00:22 Category: Telecom From: Karen Verrinder Company: Source: Emailwire.com Phone: 973.285.1500, ext. 227 (PRLEAP.COM) CEDAR KNOLLS, NJ - The ubiquity of wireless service and the migration of young users, from TV to video games and the Internet, will help bring an end to traditional telco and cable business models. The new Schnee-Tumolillo Report from Probe Group, "Redefining the Service Provider Industry: The Shape of Things to Come", sheds light on the revolutionary change taking place in the telecom industry and the impact of change on existing service providers. The key to the current telco business model is a monopoly hold on infrastructure and a uni-dimensional service offering, voice. "Access is no longer a monopoly, with cable broadband, mobile, and soon, a mass market for fixed wireless as well," comments Allan Tumolillo, COO of Probe Group. "The underlying business model for landline telephony has formally ceased to exist and the stock markets no longer have faith in this sector." The cable market is likely to enter into a prolonged downward spiral as well. "The challenges of satellite delivery and the aging out of the TV market, with youth focusing on the Internet and video games, will undermine the core business models of much of the cable industry," Tumolillo continued. Demographics and new technology, particularly the spread of IP networking, are leading the market away from the legacy telecommunications business. "The accumulation of changes in the industry and society, in demand and what drives demand, in pricing models and what people value now as opposed to what they valued even only a few years ago, will force a wrenching restructuring of the industry," Victor Schnee, Probe’s CEO, concluded. Probe Group’s new quarterly series, "The Schnee-Tumolillo Report," offers high-level, quality analysis of significant changes affecting the telecom industry. The first issue, "Redefining the Service Provider Industry: The Shape of Things to Come," examines the traditional business models of the telco and cable industries, and the demographic and technological changes that are making these models obsolete. About Probe Group LLC For over 27 years, these Probe experts leveraged their unique insights and extensive experience in both the traditional world of telecommunications and the burgeoning world of data and packet networks to offer clients sound counsel and realistic market forecasts. Probe has successfully maneuvered clients through changes in demand, demographic shifts, introduction and evolution of new technologies and platforms, industry structure transformations and financial market volatility. Probe provides clients with expert guidance through continuous research services, consulting projects, retainer programs and a variety of other direct analyst-access services. - # - To obtain more information on the report, "Redefining the Service Provider Industry: The Shape of Things to Come," contact Karen Verrinder or visit Probe on the web at www.probegrp.com. Contacts: Karen Verrinder Public Relations Manager Tel. 973.285.1500, ext. 227 E-mail:kverrind@probegrp.com This press release was distributed through GroupWeb Emailwire.com. For more information on press release distribution, go to http://www.emailwire.com. |
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