This paper addresses future scenarios for the telecommunications field, addressing the impact of three important research trends in computer networks: Context, Sensors and Wireless Networks. The proposed scenarios clearly highlight the possible synergies between the defined areas, and describe the role of Users and Network Operators in order to achieve the described goals. The potential danger of an over-encompassing network is identified, with a brief discussion on the challenges associated to the implementation of such a knowledge-aware communications network. The paper finalizes presenting a classification on the typical scenarios to be expected, and highlighting the associated challenges. It also presents a proposal on a scalable network infrastructure for Context processing.