IoT is predicted to be the huge industry with billions connected devices and enormous volume of data generated. Even Big Data will not be big enough if it is not for IoT. Telecommunication industry is destined to play some role here and this role will certainly be opening the gates to the Internet for a massive number of sensors, objects and devices. However, it is expected that connection part of the IoT value chain would vary from 0 to mere 10 percent leaving the largest portion of created value to other industry players. CSPs are definitely in the show but are the last and the least in the guest list. Not all opportunities gone, though, and some telecommunication majors transform the business and sophisticate the product lineups to capture more value going forward. There is still time for many CSPs to figure out how to take themselves from M2M mindset into the IoT paradigm through reimagining the business and building the ecosystem before the boat is missed altogether. Where trends are heading to, what products are first to be delivered and where in the value split CSPs can have more impact? I have shared my vision on this matter and would be grateful for receiving any of your thoughts too. Thank you!