German networks need a huge investment to improve their standards. In fact, according to Rene Obermann, the boss of leading telecom service provider, Deutsche Telekom, all the carriers put together have to invest a staggering amount of € 50 billion just to meet the growing demand for mobile phone data apps.
Rene Obermann told the local German newspaper, Sueddeutsche Zeitung that the € 50 billion was absolutely necessary because, nowadays, people use more and more bandwidth ravenous apps. He predicted that the average consumption of bandwidth by a single person will reach about 10-15 gigabytes per month. This sounds huge when placed besides the present average which is just a few megabytes.
He mentioned that the world is growing into one large “only gigabyte” society. For achieving that, all telecom companies must make the necessary investment so as to operate the necessary networks with a lot of efficiency.
The telecom giant’s CEO believes that regulations and rules for all the European telecom companies must be more liberal so as to permit them to keep on upgrading their networks and charge consequently for all the new services that are thus produced.
He kept on insisting that the European Union’s new policy abut bringing down cost prices was absolutely the wrong thing to do. He made a point that all the national regulators of all the countries should adopt an approach that is pretty similar to that of Asia’s. He said that the Asian’s had got things right and that a partnership should exist between the governments of all the countries and the businesses in the respective countries. The partnership policy is the perfect suit for modern society.
Obermann also mentioned that his company’s development plummeted last year. However, he added, that his company had seen off one of the most horrible financial crisis in his working career better than expected.
Deutsche Telekom revealed that it wanted to improve its revenue from mobile phone data services from € 4 billion last year to € 10 billion by the end of the year 2015. This was part of a 5 year plan to double its sales.