There is a rising trend for operators to separate themselves into two or more standalone companies in order to unlock value in certain assets, or to achieve greater agility to go after new opportunities in services. The most common example in the past year has been for operators, especially in Europe, to spin off their mobile towers activities. But now there is also a revival of a pattern that was popular in the early 2010s – to separate digital services from networks and conventional services in order to drive the growth of new revenue models. In the past, some of these efforts have resulted in very limited gains, often because the digital services proposition was too weak – Veon, Telstra,…