RCom, Altice and BT show you can’t just spend your way to relevance

Digital transformation has turned the telco industry on its head with some telcos trying to buy themselves out of the hole, but recent events have proved money isn’t always the answer.
There are three events which we think demonstrate this ignorance aptly; the growing pile of insolvency petitions at the Reliance Communications, Goldman Sachs trying to cut its exposure at serial spender Altice and BT’s fragile-looking gamble in the sports content space. In each case there is hope to t