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It should come as no surprise that the past two years have compelled just about every industry to transform in some way or another, including telecom. And most of this transformation is the result of forced changes in human behavior—whether that’s shopping online instead of in-store, or working from our bedrooms instead of a downtown office.
Global telecoms are racing to answer a $2 trillion dollar question–what will tip the scales for CSPs to help them claim market share in the years ahead? The opportunities are clear. New research shows the global telecom market value reaching close to $3 trillion by 20301. 5G connections will number 2 billion by 2025, with the U.S. and China leading the way2 .This is no secret–over the past decade telecoms have invested billions in developing networks.
Wavelo CEO, Justin Reilly, takes the stage for the Telecoms World Middle East 2022 keynote.
Wavelo has launched a software service that promises to refresh the tired OSS/BSS model and give it a new lease of life. The upshot is a more accommodating range of business and operational support options that conjure the best possible performance out of 5G. Its CEO Justin Reilly, a veteran of Verizon, has explained to Mobile Europe how Wavelo aims to cut the BSS and help network operators give their customers value for their money.
Today Wavelo, a disruptive telecom software provider and a division of Tucows (NASDAQ: TCX) (TSX: TC), proudly announced that it has added two seasoned executives to the company's leadership team: Michael Koenig as Chief Revenue Officer (CRO) and Karaka Leslie as Head of People. With decades of combined experience in their respective fields, Michael and Karaka are vital additions to the Wavelo team and will be critical in helping propel the company's global growth.
"The telecoms industry is going through its most substantial shift since the introduction of IP networks in the 1990s. Functionspecific network infrastructure is being replaced by softwarebased networks and the high bandwidth, low latency capabilities of 5G wireless and fixed fibre are enabling a vastly increased portfolio of services for communications service providers (CSPs). "