Under the current model, telecom companies’ core assets help power many new digital economy businesses, but much of the financial value accrues to third parties rather than telco owners. To reverse this, telcos need to better understand platform‑economy dynamics, clarify the value of individual business units, and sharpen strategic focus while expanding beyond traditional boundaries. Successful players should pursue both scale and customer intimacy, support innovators across the organization, and emphasize growth rather than relying mainly on dividends. By rebalancing total shareholder returns and unlocking new business opportunities in areas such as gaming, agriculture tech, mining tech, and public health, telcos could potentially double annual revenue growth from around 3 percent to 6 pe

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