Investing in innovation and efficiency
Telecommunications companies must continuously invest in new technologies while striving to remain competitive in terms of cost and service. Litvin Muir helps clients streamline operations, reduce costs and drive innovation.
The global market for telecommunication is expected to grow at a phenomenal rate over the coming years. Some prominent segments of telecommunication industry are long-distance carriers, wireless communication, domestic telecom services, communications equipment, processing systems and products, and foreign telecom services.
However, the global telecoms industry landscape is changing faster than ever. Erosion of legacy revenue streams driven by over-the-top (OTT) competitors like what’s-app continues, forcing operators to consider new ways of remaining relevant to consumer and enterprise customers.
Telcos have to be agile and strategic in their approach to their cost base, operations, and digitalization if they are to grow and prosper.
At Litvin Muir we provide hands-on support, using our practical experience and specialist expertise to achieve extraordinary results in areas from procurement and operations efficiency to technology and innovation.
A holistic approach
Every part of the business needs to support its strategic aims, so we take a holistic approach to problem-solving and value creation.
Our methods have been honed for over 30 years. Today, our 1,300 consultants are at work in 15 countries as trusted partners, boosting our clients’ efficiency, empowering people to perform and spurring innovation.
We are experienced doers, not theorists. So we deliver results, not just reports, and share risks and rewards with our clients.
Anticipating threats and opportunities
We help clients to steer innovation but also to fund it. Across many tax jurisdictions and sectors, Litvin Muir recovers clients’ spending on research and development. Given our intimate and in-depth knowledge of national R&D tax regimes, our consultants secure millions of dollars in tax credits for clients each year.
Telecommunications companies that take full advantage of this opportunity can gain competitive advantage by recycling these funds into ongoing innovation or other activities.
Optimizing operational efficiency and costs is fundamental to the performance of any business, not least when input costs are rising.
We gauge the true state of operations and provide transparency of indirect spending. Drawing on the first-hand experience, benchmarking data and our own methodology, our analysis will identify opportunities to save and to optimize processes.
Our aim is always to enhance quality and service while optimizing costs. Across the logistics sector, we deliver substantial savings for our clients.
Streamlining sales tax
Taxation is increasingly complex. Managing multiple taxes is a burden for any business, let alone one operating across borders.
As with transport operations or procurement, increasing efficiency in tax management can release cash and drive competitive advantage.
Working within multidisciplinary teams, our tax specialists analyze your position and identify opportunities to reduce liabilities, recover tax and maximize credits.
High-performing companies have employees who are fully engaged and committed to the goals of the business. This requires hiring and training the right people, which can be costly. We help you access grants for on-boarding and training, allowing you to attract and grow the talent you need to move your business forward.
By investing in your human capital, you can enhance commitment, quality of life at work, change management, and employee health and well-being.