Nowadays, almost every Telco is looking at ways to increase their revenues and overcome revenue pressure to sustain in the digital services sphere. This desire leads telcos to have comprehensive API Management solutions with telco specific elements.
The question remains whether its really possible for telcos to make money by just merely opening up APIs? How do APIs make it possible for telcos to earn recurring revenues?
Leveraging telco assets to spearhead competitive advantage is not solely dependent on opening up telco APIs. It is not the APIs that make money; it is the services that are going to drive new revenue into telco businesses.