As the telecom networks and the cloud converge in the 5G era, the structure of the market could change radically for vendors and service providers. In theory, we could see traditional telcos morphing into infrastructure operators – investing in wholesale networks, but also in the cloud and edge platforms to support those networks, plus other services. A hint of this is seen in Telecom Italia’s plan to set up a division to provide cloud services, amid a deepening partnership with Google. That would leave room for a greater diversity of service providers on top of the networks, catering for the huge variety of applications that enterprises and consumers could demand from 5G/FTTx. In that scenario, the webscale giants have the…