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Is the desk phone dead?

78% of people in the UK own a smartphone, with that percentage rising to 95% amongst 16 to 24-year-olds, according to Ofcom. The regulator’s research also suggests that people in the UK check those devices every 12 minutes of the waking day on average.

Meanwhile, millennials are increasingly shifting away from a reliance on landlines in their own homes – research from 2014 was already suggesting that around two-thirds of the demographic in the US lived in homes without landlines.

The question for businesses, then – is the desk phone dead?

Adept4 plc is seeking to become a leading provider of ‘IT as a Service’ to the SME sector utilising leading third party cloud and infrastructure services which concentrate on creating a value proposition focused on aggregated solutions with a single trusted partner managing the customer experience and support. As of 1st March 2018, MXC Capital Ltd (LON:MXCP) holds a 25% share in Adept4

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.