Business transformation has reached a level of maturity in the Telecommunications industry, and executives view this period of rapid and dynamic change with optimism. Change - driven by technology, innovation, and consumer demand - is being viewed largely as a positive, and it’s creating new opportunities. Today, technology enables companies to change more efficiently, and though there is still inherent risk, it is greatly diminished. Companies that transform can take advantage of opportunities brought about by convergence. They need to adapt their business models to fight competitive threats and seize opportunities to grow.