https://ict-pulse.com/2013/12/caribbean-telecoms-companies-laying-staff/?utm_source=rss&utm_medium=rss&utm_campaign=caribbean-telecoms-companies-laying-staff&utm_source=rss&utm_medium=rss&utm_campaign=caribbean-telecoms-companies-laying-staff Discussing ICT, telecommunications and technology Issues from a Caribbean perspective Tue, 17 Dec 2013 19:50:25 +0000 hourly 1 https://ict-pulse.com/2013/12/caribbean-telecoms-companies-laying-staff/#comment-170390 Tue, 17 Dec 2013 19:50:25 +0000 http://www.ict-pulse.com/?p=45720#comment-170390 Well the article started discussing the telecoms industry and its economic turns then ended up relating to job instability as a way of life in general that we all need to accept.. We can safely say the sweeping innovations and advances in the telecom industry is eating at the profits of only the telecoms who remain with the same business model and revenue streams and do not venture into new visions. The Caribbean voice model is dying, the mobile voice model is dead too we’re waiting for someone new to give life to a new model and finally bury the old 2G -2.5G model of the last 12 years. Lime and Digicel, to a great extent, find themselves in a Price Cap Regime of stagnant price ranges where their only hope of growth prosperity is to cut costs and seek efficiency gains. But the time for that is not now. What the region needs is more investment in new business models to bring IP voice calling applications at much lower prices while trying to boast the business model with dramatic and daring services (which they will have to discover themselves, this is no consultancy paper here). However what I will nevertheless advise freely is that they should press for a rate of return regulatory model where they, at least, share the risk of new investment with governments, through a guaranteed rate of return over any extensive investment they make ( a win win situation) Regional Governments need to push the broadband development along for the sake of hastening in the information society services to serve the information society purposes, much of which are “social” in their nature.. The externalities for the information society make it worthwhile to employ development using rate of return as it was in the telephony business. When the information service have developed then reversion to price cap for tighter efficiency will become more practical and relevant.. As to job stability. i still believe jobs disappear because companies do not adapt to their emerging environment fast enough to remain viable. It’s the time of the chameleon .change to suit your landscape and you remain thriving, don’t and you become the dinosaur. Some jobs are necessary regardless of the landscape but they are in fewer industries than before hence the razzle dazzle of job instability but if you choose an area of expertise, weigh it against its utility and long term necessity in the scheme of things you can find many job areas that are stable. ask politicians and regional institutional leaders and the core members of Caribbean diplomacy…

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