Telecom firms mine for gold in big data despite privacy concerns


BIG DATA TEMPTATION: Big carriers like Telefonica, Verizon, Orange and Singapore's Starhub warn that they are only just starting to test the waters and pledge to market only anonymous crowd information to protect customers. — Reuters

BARCELONA: Last year's revelations over the US tapping of phone and Internet data gave telecoms firms pause for thought over whether they should sell their "big data" for gain, but the commercial potential could prove irresistible. 

Although figures are scarce, analysts think selling data on mobile users' locations, movements, and web browsing habits may grow into a multibillion-dollar market for the business. 

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telecom , Verizon , Telefonica , Orange , Starhub

   

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