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All issuesVolume 305, Issue 5IT NewsTelco

Telecom Industry Must Address Its Talent Shortage - Here's How

sdxcentrsl, Tuesday, August 29,2023

Telecommunications is rapidly evolving: Providers are migrating to the cloud, increasingly rolling out fiber and wireless and private 5G and expanding coverage to rural or otherwise underserved areas.

This new environment demands a workforce with a diversity of skills - but experts say the telco talent pool is alarmingly drying up in an industry that is expected to hit $2.47 trillion by 2028.

'The telecom industry is at the heart of a digital transformation,' said Anand Swaminathan, EVP and global head of communications, media and technology for Infosys. However, 'market growth presents a talent shortage globally, which will snowball in the next five years unless addressed in an effective and efficient manner.'

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