Top APAC telcos to ace beyond connectivity revenue 2024

Summary

This report, "Top APAC telcos to ace beyond connectivity revenue 2024," examines how leading telecommunications companies in the Asia-Pacific region are driving digital transformation by expanding their revenue streams beyond traditional connectivity. Focusing on the 2023 performance, the analysis covers non-connectivity services such as managed enterprise solutions, cloud computing, cybersecurity, IoT, content and media (including OTT platforms), financial services, and e-commerce. The report details how operators like China Telecom, KT Corp, PCCW, SK Telecom, Globe, M1, and Reliance Jio are diversifying their business models, leveraging innovations in cloud infrastructure, artificial intelligence, digital payments, and media to capture new growth opportunities. Key questions addressed include: Which APAC telcos are leading in generating revenue from non-connectivity services? What strategies and best practices are enabling these operators to grow their enterprise business and digital ecosystems? How are investments in cloud, AI, and content platforms shaping the future telco landscape? What are the main categories of beyond connectivity services, and how do they contribute to overall revenue? The report also outlines the research methodology, data sources, and definitions used to ensure consistent peer comparison across the region. This resource is essential for telecom executives, digital strategy leaders, and industry analysts seeking to benchmark performance, understand market trends, and identify successful approaches to enterprise diversification and digital service innovation in the APAC telecom sector.