Mobile Magazine September 2020 | Page 66

TECHNOLOGY
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2017 to $ 62.3bn by 2022 at a CAGR of more than 14 %. That ’ s a healthy industry , and telco data centres would have had no shortage of customers , as more and more companies move towards a managed service or cloud approach . So , why couldn ’ t telecom companies capitalise on their infrastructure investments in the long term ? As the data centre industry grew , telcos operating data centres found themselves increasingly pressured by dedicated data centre providers , which could bring a more focused approach to the industry than the appendicular colocation business units they were operating . Dedicated data centre companies ( like Equinix ) were running rings around them . Telecoms might have been able to compete , but for the fact that their own industry was growing increasingly competitive as well . In addition to digitally disruptive startups and smaller , more agile network players joining the space , telecom companies have also had to ( and continue to have to ) pony up vast amounts of money for existing and upgraded infrastructure . The ongoing 5G rollout is expected to have cost more than $ 2.7trn by the end of 2020 , and experts at Greensill believe that the
SEPTEMBER 2020