Why telcos fail

Rainer Dechet
New Media
Published in
2 min readFeb 28, 2014

--

After a lot of great input as to why we live in a 'technological stone age', why we haven't flying cars and many other interesting facts in this direction by Peter Thiel and his friends. I also reflected a little bit of Zuckerberg's Internet.org philantophically initiative, to rethink about the internet in general and about the current problems.

And I am afraid, that we are with the telco industry on the wrong road, because they can't ever win this game. So these companies will find, in time, enough creativity for more and more crazy revenue streams and this will kill the internet in the end.

Thus, I checked some other possible global solutions like P2P or GPS, and see here, you can have an internet connection via Radio waves and television satellites, next of the ‘new’ Google Balloons and Facebook Drones ideas.

In a few years, I think we need not even a phone number for our preferred internet device. Okay, this makes the telcos disappear finally, but will also generate complete new services. I am thinking here on the global usability for every single user. This means no data roaming, global WiFi and maybe no national limitations.

Last but not least, we need a final solution of this internet - infrastructure, so that we can begin to create a real value for humankind.

With this unified global infrastructure, everybody could have a 'Bitcoin' account (so we no need longer the banks as two-sided middleman for a money transfer from A to B), and no longer NGOs in this form — think about the Bitcoin’s accounts (associated with crowdfunding) of every single person on this planet.

Who can make that? … NASA, SpaceX, Intel, Qualcomm, Google, Facebook or a syndicate of all. I don't know.

I skipped here aware the 'internet of things' – part.

--

--