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Solon Explores How Inflation is Shaping the Telecommunications IndustryIn recent years, inflation has been shaking up the telecommunications world, with rising operational and financial costs, increased competition in the retail market, and shifting customer needs. Altman Solon Partner Damien Marchesi highlights the biggest opportunities and challenges facing the European telecommunications market today. The telecommunications market, characterized by fragmentation and steep competition, often results in an underperforming return on investment. Consumers' willingness to pay has shifted from traditional connectivity products to over-the-top (OTT) services like streaming, shaking up pricing power and recalibrating market competition. Monetizing infrastructure through initiatives like infrastructure-retail separations, fiber joint ventures, and business carve-outs is accelerating a retail margin squeeze. To survive this turbulent phase, telcos must be adaptable, leveraging product differentiation, putting operational efficiencies in place, and exercising financial flexibility. Altman Solon’s telecommunications consulting expertise provides critical insights and strategies to navigate these challenges and capitalize on emerging opportunities in an inflationary 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