Finding the next telco money-spinner

As revenue from voice and messaging services dry up its time for the telcos to find a new avenue to make up the shortfall. So what's is going to be?

As the Formula 1 Grand Prix season opened last weekend in Australia, Vodafone announced that it would be ending its sponsorship of the McLaren racing team at the end of the year, leaving McLaren with an annual $75 million hole in its budget for 2014 and onwards. But not for long, it seems – there is already speculation that Mexican service provider Telmex, which sponsors McLaren’s new driver Sergio Perez, could take over Vodafone’s role at the racing team, enabling a pretty seamless transition for McLaren.

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