Telecoms - Enabling the Next Wave of AI Growth

Good morning, Scott.

So diving straight in, AI is driving significant change across the global economy.

And in your view, how should we think about the relationship between AI and the telco sector? And why is this becoming an increasingly important area for industry participants to monitor?

So Arati, that's a good place to start.

We basically, when we're looking at the telecom operators, we're seeing that they're playing a much more important role in the build out and the development of the AI ecosystem.

And here we're not just talking about connectivity providers, but also enablers of the AI infrastructure, the data movement, the edge computing, and increasingly AI powered services too.

So that's interesting, Scott.

And as AI adoption continues to accelerate, we're seeing growing demands placed on digital networks and infrastructure.

So from a telecom perspective, what are some of the broader trends you're observing and how are they beginning to influence strategic priorities across the sector?

Yeah, our view is that the national incumbent facilities-based telecom operators that have the experience in managing vast and complex networks are best positioned to capitalize on both the growth in the data centers, but also in the development of AI-enabled services.

And we view that as an important future revenue stream for the telecom industry.

And we're seeing telecom players invest in both the physical network, but also in the AI enabled services, which primarily target the enterprise market.

And, you know, as you alluded to, one area that appears to be attracting considerable attention is the build out of the infrastructure that's needed to support AI workloads.

Good morning, Scott.

So diving straight in, AI is driving significant change across the global economy.

And in your view, how should we think about the relationship between AI and the telco sector? And why is this becoming an increasingly important area for industry participants to monitor?

So Arati, that's a good place to start.

We basically, when we're looking at the telecom operators, we're seeing that they're playing a much more important role in the build out and the development of the AI ecosystem.

And here we're not just talking about connectivity providers, but also enablers of the AI infrastructure, the data movement, the edge computing, and increasingly AI powered services too.

So that's interesting, Scott.

And as AI adoption continues to accelerate, we're seeing growing demands placed on digital networks and infrastructure.

So from a telecom perspective, what are some of the broader trends you're observing and how are they beginning to influence strategic priorities across the sector?

Yeah, our view is that the national incumbent facilities-based telecom operators that have the experience in managing vast and complex networks are best positioned to capitalize on both the growth in the data centers, but also in the development of AI-enabled services.

And we view that as an important future revenue stream for the telecom industry.

And we're seeing telecom players invest in both the physical network, but also in the AI enabled services, which primarily target the enterprise market.

And, you know, as you alluded to, one area that appears to be attracting considerable attention is the build out of the infrastructure that's needed to support AI workloads.