Quotes of the Week 031

Quotes of the Week 031

Light Reading on China Telecom:

"1.16mln LTE base stations: Daily traffic is up by 400% compared with 2016, with an average of 19,000 TB of data running over the mobile network infrastructure daily"

Frank Rayal on MWC18:

"The emerging trinity of 5G use cases is converging on fixed application in the US, mobile application in Korea and Japan and massive IoT in China"

Mukesh Ambani:

"300,000-500,000 Indians are migrating daily to Jio Phone"

David Ohrn (AT&T):

"Don't use the cloud to define your business strategy, but use the cloud to execute your business strategy"

@clrmoney:

"If indoors is 5G's biggest challenge, then the technology is already in trouble here. Most communication by people is done indoors"

Regeneris (UK study commissioned by Cityfibre):

"total economic impact of deploying 'full fibre' (FTTP/H) across 100 distinct UK city and towns, could reach £120bn over a 15 year period"

Eddy Cue (Apple) on their 38mln paid Apple Music subscribers:

"around 2bln people qualify as potential streaming music subscribers, possessing both the technological and financial access to get on-board"

Li Yuan (WSJ) on young Chinese tech workers:

"working the dreaded '996' schedule—9 a.m. to 9 p.m., six days a week"

Digital TV Research (via Rapid TV News):

"US pay-TV market revenues peaked in 2015, at $101.71 billion and will drop to $75.13 billion by 2023"

Juniper Research - Global Smart City Performance Index:

"smart cities have the potential to save individuals about 125 hours every year"

Fran Heeran (Verizon):

"I think the term virtualization and NFV is actually holding us back as an industry. We are all doing a lot more than simply virtualizing something. It's really about cloudification, so if anything, it should be NFC, network function cloudification"

Anil Rao (Analysys Mason) on telco operations:

"telecom industry is at an 'inflection point' where operations are key to service provider success; everything that can be automated should be automated and efficiency will be an important driver as we transform operations"

Stefan Hofrichter (AGI Strategy Chief) on the value of bitcoin:

"Its intrinsic value must be zero: a bitcoin is a claim on nobody — in contrast to, for instance, sovereign bonds, equities or paper money — and it does not generate any income stream" 

@Tr0llyTr0llFace:

"The Bitcoin network is processing 200k transactions per day at a cost of $3B per year. Visa is processing 150,000k transactions per day at a cost of $8B per year. Visa also does insurance, credit, customer support...With Bitcoin your funds are lost if you forget your PIN"

Fernando Alonso (F1 driver) on 5G:

"I've been doing it for 17 years, and my neck is used to it"

John Oliver on crypto-currencies:

"Everything you don't understand about money, combined with everything you don't understand about computers"