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    Mobile World Congress 2014

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    Ahmad Abba
    The digital economy is growing rapidly and may exceed 5% of GDP in some countries by 2016, ranking among the top five world economies. A CEO breakfast at Mobile World Congress 2014 discussed challenges for the telecommunications sector in connecting the next 3 billion people to mobile networks and stimulating infrastructure investment. Participants agreed that overregulation threatens innovation and that regulators need to allow market consolidation and view telecoms as an engine for social and economic growth. Collaboration between telecom operators and digital services providers was also seen as important for consumers.

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    Mobile World Congress 2014

    Uploaded by

    Ahmad Abba
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    The digital economy is growing rapidly and may exceed 5% of GDP in some countries by 2016, ranking among the top five world economies. A CEO breakfast at Mobile World Congress 2014 discussed challenges for the telecommunications sector in connecting the next 3 billion people to mobile networks and stimulating infrastructure investment. Participants agreed that overregulation threatens innovation and that regulators need to allow market consolidation and view telecoms as an engine for social and economic growth. Collaboration between telecom operators and digital services providers was also seen as important for consumers.

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    WEF TC MobileWorldCongress CEOBreakfast SessionSummary 2014

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    The digital economy is growing rapidly and may exceed 5% of GDP in some countries by 2016, ranking among the top five world economies. A CEO breakfast at Mobile World Congress 2014 discussed challenges for the telecommunications sector in connecting the next 3 billion people to mobile networks and stimulating infrastructure investment. Participants agreed that overregulation threatens innovation and that regulators need to allow market consolidation and view telecoms as an engine for social and economic growth. Collaboration between telecom operators and digital services providers was also seen as important for consumers.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    19 views2 pages

    Mobile World Congress 2014

    Uploaded by

    Ahmad Abba
    The digital economy is growing rapidly and may exceed 5% of GDP in some countries by 2016, ranking among the top five world economies. A CEO breakfast at Mobile World Congress 2014 discussed challenges for the telecommunications sector in connecting the next 3 billion people to mobile networks and stimulating infrastructure investment. Participants agreed that overregulation threatens innovation and that regulators need to allow market consolidation and view telecoms as an engine for social and economic growth. Collaboration between telecom operators and digital services providers was also seen as important for consumers.

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    CEO Breakfast Report

    Mobile World Congress 2014


    Private Session
    Wednesday 26 February 8:00 - 9:00
    The digital world has substantially redened trade, and con-
    tinues to be one of the key drivers of economic activity across
    the globe. The digital economy is on pace to reach US$ 4.2
    trillion in the G20 states by 2016, which represents more than
    5% of GDP; in some countries, the digital economy will ex-
    ceed 10% of GDP. It would rank as one of the worlds top ve
    economies, behind only the United States, China, Japan and
    India, and ahead of Germany. With a growth rate of 15%-
    25%, it is developing signicantly faster than the economy
    as a whole and may be one of the engines to overcome the
    recession.
    The CEO breakfast organized by the World Economic Fo-
    rum during the Mobile World Congress 2014 convened key
    industry senior executives to discuss the role of the telecom-
    munications sector over the next few years. While a high level
    of growth is expected in the industry with the next 3 billion
    people coming online and the surge in connected devices
    and development of applications, substantial barriers remain.
    Operators struggle to justify investments in new infrastructure
    due to fragmented markets and out-of-date regulations. Like-
    wise, regaining consumer trust in data privacy and security
    issues are challenges.
    Paul Jacobs, Chairman and Chief Executive Ofcer of Qual-
    comm, co-hosted the breakfast and gave an overview of the
    points to be addressed.
    Questions raised included how to:
    1. Stimulate technological and business model experimen-
    tation in infrastructure and services markets
    2. Encourage infrastructure investment models that provide
    adequate returns for stakeholders and promote greater
    usage of digital infrastructure and services
    3. Strengthen the trust, transparency and control with indi-
    viduals over the data that is made by and about them
    The following provides an overview of the key themes ad-
    dressed during the session.
    Reaching the Next 3 Billion
    While connecting the rst 3 billion people was considered
    straightforward, reaching the next 3 billion will be far more
    challenging. Infrastructure innovation is needed to make
    services more affordable, for example through infrastructure
    sharing. More low-frequency spectrum (at reasonable prices)
    must be released to reach consumers efciently. The reduc-
    tion of smartphone prices to US$ 25 will also be critical. To
    solve the most difcult technical and nancial challenges, one
    participant suggested that stakeholders focus on serving the
    bottom billion and the others will follow easily.
    While reaching the next 3 billion is seen as vital for growth,
    participants also expressed the need to concentrate on the
    existing 3 billion and making this group more protable.
    Need for Less Restrictive Regulation
    Participants agreed that one of the greatest threats to inno-
    vation and growth is overzealous regulation. In fragmented
    markets, regulators need to allow consolidation. Likewise,
    the mind-set of regulators needs to change. The ICT sector
    should be seen as a natural asset (not a taxable asset) as it
    is at the heart of the transformation of society in terms of re-
    dening healthcare, education, job creation and other dimen-
    sions of inclusive growth.
    Governments and policy-makers need to be educated about
    the social and economic benets that result from investment
    and growth in the telecommunications sector. The industry
    needs to be correctly viewed as an engine for technological
    advancement and positive change.
    While the GSMA can bring together the ecosystem players
    to understand the future of the industry, it was suggested the
    Forum can play a more effective role with governments. The
    telecommunications community should draw on the Forums
    neutral platform and global networks to bring together busi-
    ness leaders and policy-makers for collaborative action. It
    can act as a catalyst to help operators be understood more
    effectively.
    Need for Collaboration between Telecom Operators and
    Digital Services Providers
    There are complex views concerning digital services players
    among telecommunications operators, including the belief
    that providers do not compete on a level playing eld. They
    do not have to deal with steep costs of infrastructure invest-
    ments and high levels of taxation and consequently benet
    for free. However, participants also recognize that digital
    services players help attract customers and therefore should
    not be blamed for a lack of incentives to invest. As one par-
    ticipant said, our networks are full because of Facebook and
    other exciting services. There was agreement that telecoms
    and digital services players need to collaborate and nd mu-
    tually benecial solutions for the sake of consumers.
    Data Privacy and Security
    Consumer ownership, trust and transparency are at the heart
    of data privacy issues. The creation of a transparent frame-
    work would help consumers understand what data is being
    collected and how it is used. Governments believe they are
    protecting the interests of consumers by taking a strict con-
    sumer point of view. However, their view on data is often very
    restrictive and creates tremendous barriers to innovation for
    stakeholders to overcome.
    When consumers and governments view the benets of data
    and connectivity as indispensable, governments will have no
    choice but to adjust their stance. Industry leaders must there-
    fore focus on proving the value of data as they restore and
    increase trust in the eyes of consumers and governments.
    Please visit www.weforum.org for more information concern-
    ing the World Economic Forum and its Telecommunications
    Industry community.

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