Home, banking and mobile services
Home, banking, and mobile services
Competition in the US wireless market has ramped up, with heavy promotional activity focused on moving consumers to higher-end unlimited data plans. New entrants in the market, most notably the cable companies, have reshaped the wireless landscape as they continue to gain traction. They have provided less expensive options for consumers and forced operators to find new opportunities to monetize their products and services.
The telcos continue to make sizable investments in their 5G networks. These have resulted in unprecedented levels of speed and latency, but the apps haven’t caught up yet — this is expected to be the next step in the 5G evolution. Wearables, AR/VR/XR headsets, and other devices will build on the 5G foundation to enhance the consumer experience in entertainment, fitness, and retail. These immersive, synchronous experiences may take place in the Metaverse, which promises an environment of persistent connectivity.
Consumer connectivity has become a critical issue as the pandemic forced millions of people to socially distance themselves from home. This seismic change in work and education put a spotlight on the ongoing crisis of the digital divide in the United States and raised questions about how to address inequality around education, telehealth, and many other areas. Companies, nonprofits, government agencies, and others have looked to bridge this gap in digital access, which has been shown to have a significant impact on the economy.
Some of the primary consumer connectivity topics covered at Orange Silicon Valley include:
- Divergent strategies of US telcos, including recent divestiture of media businesses, and return to core telco-focused initiative — especially expansion of the fiber spectrum and investment in spectrum
- Developments in the telecom infrastructure market, including the tower companies and small cells
- Updates in the 5G network rollouts from telco players and others, including Dish Network’s first cloud-native Open RAN-based 5G network
- New players in wireless space, including offerings from cable companies
- Creation of new 5G-specific products and services from operators like Verizon
- State of the video streaming market, and other media plays by the telcos
- Efforts to close the digital divide in the US
Mobile services are an integral part of our daily lives. The ever-evolving landscape presents not only new technological advances and business models, but also wild swings and sometimes complete U-turns from previous directions.
Situated in the Silicon Valley, we closely follow trends and opportunities in the US mobile services landscape. Topic areas involving mobile services that we at Orange Silicon Valley monitor include:
- Emerging business models and use cases
- New entrants to wireless services
- Media and content strategy
- Security and privacy
- Telecom and tech regulations
- Mergers and acquisitions
With mobile services evolving from a convenience to a necessity, what will our roles be in powering tomorrow’s physical and digital realities?
Please contact Katy to explore opportunities for partnership involving home, banking, and mobile services.