Telcos to spend $1 billion each on cloud network transformation

Big telcos will spend on average US$1 billion each on network cloud transformation in the next few years, according to new data from Capgemini.
While that might seem like a huge sum – and indeed it is – the consultancy is upbeat on return on investment, essentially predicting that those who spend early will make half their money back pretty quickly.
Specifically, the firm’s research arm forecasts that 46% of telco network capacity will be entirely cloud native in the next three