The transformation of our connected, digital economy has set a new pace in the race for value share in our fast-changing international wholesale market! Today's industry is growing and transforming at an extraordinary pace presenting us carriers with new challenges: declining voice traffic, lower prices and the explosion of internet usage among others.
Maintaining our competitive edge is a major challenge today, as market movements provoke a real impact on our world. But, our experience has shown us that carriers can not only adapt, but thrive in the face of transformation. It requires us to be more agile and innovative than ever as our industry moves forward in this globalized environment.
As chairman of the ITW Founders Council, I strongly advocate close relations in the international carrier community, and along with the other members of the Council, remain strongly committed to ensuring a sustainable and profitable future for us carriers. Our close collaboration is key to exploring new avenues, adopting new approaches and answering the new challenges of our industry. Together, we can run one step ahead of the race towards a fully transformed industry.
