Brexit: Telecoms Strategy Implications – #1 Prioritise Transformation
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The UK’s vote to leave the European Union came as a shock to many, and has complex ongoing consequences. We summarise briefly what happened, possible scenarios, and give our initial view on the implications for telcos, their business partners and the innovation ecosystem.
Format: PDF filePages: 20 pages Charts: 03 Author: Alexander Harrowell, Philip Laidler, Andrew Collinson Publication Date: June 2016
Table of Contents
- Executive summary (not published here)
- Introduction: What happened?
- Why was a vote called?
- The result
- Why did the UK ‘Leave’ campaign win?
- What are the consequences?
- UK politics will be in a muddle for a while
- The UK in general: a state of shock
- Economic Uncertainty: threat and opportunity
- Possible scenarios (not published here)
- Scenario 1 – Hard Exit
- Scenario 2 – Boris Johnson’s Norway
- Scenario 3 – No Exit
- Scenario 4 – Rolling Crisis
- Consequences for telecoms – in the UK, the EU, and beyond (not published here)
- Customers: Finserv
- Customers: Automotive and Industrial
- Customers: Media and TV
- What should TMT leaders do? (not published here)
- Don’t give up on transformation
- It could happen to EU
- The least disruptive possible outcome is a de-escalation
- The danger of a run on the skills bank
- Don’t catch a falling knife
Table of Figure
- Figure 1: Summary Scenario Impacts for the Telco Industry
- Figure 2: The EU referendum – how Britain voted
- Figure 3: BT slides, Equinix soars
Technologies and industry terms referenced include: Brexit, Disruption, EU, Europe, Strategy, UK