India, Feb. 23 -- The telecom industry has, in recent years, been defined by slowing subscriber growth, declining Average Revenue Per User (ARPU), intensifying competition, and shrinking margins.

Market saturation and the limited ability to generate fresh revenue from traditional connectivity offerings have placed telecommunication companies at a disadvantage, even as they continue to invest heavily in nationwide and global infrastructure.

Meanwhile, technology companies-ranging from hyperscalers and over-the-top providers to artificial intelligence specialists and digital-first platforms-have captured the bulk of new value creation.

They have done so through software, data-centric services, and scalable platforms. In contrast, many te...