Streamlined experiences, network monetization and
better service has never been more important
Customers are increasingly exploring new options for telecommunications services, leading to a decrease in churn rates.
Inflation and increased customer willingness to switch for better rates, transparent service agreements, and better self-service options are influencing the industry.
If you would like to learn more about protecting remote workers Then this white-paper is for you:
- Tech companies offering simpler, contract-free internet services are gaining popularity, contributing to rising churn rates.
Providers are considering ways to monetize network investments to offer more than just a base layer of connectivity.
- With more choices, incumbent communications service providers are no longer the default, with 78% of wireless customers and 76% of cable customers likely to switch to a tech provider.
A growing number of cable customers are cutting the cord entirely, opting for streaming entertainment services and wireless internet access.
- Price and speed are top reasons for switching internet service providers.
Hybrid work models and reliability are also significant factors.
Over 1 in 10 consumers would consider changing internet providers for improved reliability (13%) or customer service (12%).
Over half of respondents prefer to do business online, with 64% using their provider’s website.
- Over 1 in 10 consumers would consider changing internet providers for improved reliability (13%) or customer service (12%).
Over half of respondents prefer to do business online, with 64% using their provider’s website.
Hyperscalers bring a large portion of network demand, but this represents only a fraction of the likely existing demand.
- Providers need to support the joining of online and offline experiences.
41% of consumers use self-service tools for purchases, activation of services, or account changes.
I will receive information, tips, and offers about Office and other
Technology Trends products
and services. Privacy
Statement.
White Paper from
Technology Trends
* - marks a required field