To thrive in a rapidly expanding digital landscape, telcos must constantly innovate to stay ahead of the competition. Moreover, since the advent of 5G technology five years ago, over 240 commercial 5G networks have been put into operation around the world. In the Middle East alone, 5G coverage has reached 45 million people, with over 20 million 5G users, including 2.3 million 5G fixed broadband users and 57,000 5G leased line users, according to the GSMA.
With increased data and a higher demand for network capacity than ever before, the wholesale business plays a crucial role in delivering customer value and satisfaction.
In an exclusive three-part series, Telecom Review will share valuable insights on benchmarking the performance of Top Global Telcos in Q1 2023. The first installment will deal with CAPEX performance.
Helping Network Operators Monetize 5G
The advent of 5G has marked a turning point in the telecommunications industry. With its high bandwidth and low latency, 5G has introduced a new horizon for a variety of connectivity areas that are driving new revenue streams for network operators — connectivity for people, for things, for vehicles, for industries and for the home. With over 1.2 billion 5G users worldwide, 5G is spearheading the development of the digital industry and enabling the digitalization of all industries, with the early adopters reaping the first wave of benefits.
Siwar Farhat has been appointed CEO of Sofrecom Services Morocco, effective July 1, 2023.
During the Huawei Product & Solution Innovation Launch at MWC Shanghai 2023, Huawei unveiled its groundbreaking advancements in 5G intelligent core networks. President of Huawei Cloud Core Network Product Line, Mr. George Gao, took center stage to discuss upgrades to Huawei’s IntelligentCore that help carriers achieve greater service innovation, monetization and success in a rapidly evolving 5G landscape.
Telecom Review has successfully concluded its latest webinar titled "Increased Data Boosting Wholesale Capacity," which gathered industry experts to discuss the importance of wholesale capacity in enhancing international telecommunications infrastructure projects and other services.
In an exclusive three-part series, Telecom Review presents key insights into the benchmarks of the leading telecom vendors' carrier and enterprise business operations.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, launched the Dubai Digital Cloud project during a visit to the Digital Dubai headquarters.
Carriers have been at the forefront of the digital transformation over the past few years. The introduction of cloud services, B-to-B (business-to-business) technologies, and video streaming has created new growth potential for carriers. However, these new services place greater demands on IT infrastructure. Efficient data training, cost-effective data storage, and robust data resilience have all emerged as key challenges for carriers, particularly as the threat of ransomware grows.
