The document discusses how telecom companies can undergo a data-centric transformation to better leverage customer data and remain competitive. It describes how telecoms are facing new challenges like social media, mobile apps, and customer expectations of better service. It argues telecoms should shift from an app-centric to data-centric model to better integrate and scale their use of data. This will allow them to gain better customer insights and optimize areas like customer experience, new digital services, and network management.