The International Telecommunication Union (ITU) has announced its Partner2Connect pledging platform and an action framework to advance universal connectivity and digital transformation.
Communication Service Providers (CSPs) and mobile network operators (MNOs) are facing huge 5G investment decisions over the next few years, especially when it comes to strategizing for the cloud. Modern network infrastructure solutions must support CSPs to build and deploy open, cloud-native networks faster with lower cost and complexity. The development of both private and public clouds has created a huge expansion in co-location facilities and internet exchanges, where enterprises and cloud providers can easily connect from a unified center. Moreover, 5G and edge deployment will receive a boost from cloud-native technology with greater choice and agility to accelerate new connectivity and service options.
In recent years, the introduction of 5G connectivity in the Middle East’s telecommunications market has thrived and local industries are increasingly looking to digitization to gain a competitive advantage in their operations. With this, the future of 5G network design has come under question as deliberations continue on open radio access networks (Open RAN), and what this model could mean for operators, telecom vendors, and end-users.
A financial revolution is taking place around the globe, with telecom companies among the significant players thriving in the financial technology (fintech) space. The shift to digital is set to be permanent, as financial services and payments are now powered by mobile phones, providing access to new data, embracing technological innovations, and changing mindsets of users.
The Malaysian government is sticking to its plan of deploying 5G through a single wholesale network (SWN). In a joint statement from the ministries of finance and communications and multimedia, up to 70% equity in the wholly state-owned 5G company, Digital Nasional Berhad (DNB), will be available to telcos.
The line between the physical and digital worlds has been steadily blending, with the goal of fulfilling the future metaverse. This total immersion experience could take years to mature but the metaverse market is already estimated to generate almost $800 billion in 2024.
The Communications and Information Technology Commission (CITC) in KSA has announced three important dates in 2022 that will contribute to placing the Kingdom in a leading position, regionally and globally, in the ICT and telecommunications sector.
In various parts of the world, a global campaign on safer internet day aims to promote being “together for a better internet”. Everyone is encouraged to join the movement and participate in shaping and adapting platforms, services, and content for a safer and better internet.
The IoT and cloud marriage seems almost perfect; however, the integration between the two is something that telcos need to consider to help enterprises and consumers take advantage of Industry 4.0 capabilities such as real-time monitoring, predictive maintenance, and autonomous operations of vehicles and equipment to explore new revenue stream opportunities.
With around 200 operators having commercial 5G deployed, and almost 300 operators investing in this technology, the commercialization of 5G networks is accelerating globally. Over 1 billion 5G connections are expected by 2023, making 5G communications a key to personal consumption experience upgrades and digital industrial transformation.
