On December 3, the magazine " Talents " held the annual Management Forum in Beijing, China Mobile chairman Wang Jianzhou said in his speech, when a company is small, it can learn and imitate, when the company become big, if it still rely on entirely imitation, it will be no chance to live. He pointed out that today innovation is more important than ever.
The following is his speech:
Explosive growth of data traffic is both a huge opportunity and a huge challenge to telecommunications industry. Because no matter how you expand the capacity, you will fail to meet the needs of the explosive growth of data, it is not the growth of 20%, 30%, but 300%, 500%, 600%, we face a question of how to innovate.
The data growth has brought two opportunities for the telecommunications industry, one is WiFi, LAN has never been treated seriously like this, but now building WiFi network is a hot topic. And data growth also advanced the implementation of long-term evolution, and now many countries and operators began to build LTE networks.
Operators in many countries have contact with us, I saw the chairman of India's largest mobile communications company, he said that he was very interested in our TD-LTE technology and hope China Mobile to use its scale and impact ability to lead and expand the TD-LTE industry. We certainly need to use TD-LTE globally.
The second opportunity is the industrial chain collaboration, which is more important than ever, I took with U.S. AT & T's CEO yesterday, and we both feel that the most difficult for us today is not the technology, money, market, but how to adapt the changes of our business model and ecological chain, which is the biggest challenge to operators.
Today this structure has undergone fundamental changes, and now mobile phone manufacturers can have their own application stores, directly providing services to customers and directly charging the fees through the customer's credit card. Which brought great challenges to original Telecommunications industry, how we can choose?