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Telecommunications carriers are strategizing to become more operationally agile and rationalize their offerings as 2030 approaches. Factors such as digitalization, AI, cloud and edge computing, and the maturity of consumer and enterprise settings will continue to spur innovation. However, telcos have faced low total shareholder returns, inflation, rising energy costs, and increasing regulatory pressures. Telcos are aware of the external threat factors and have a greater urgency to innovate and create new revenue streams.