Attempts to monetize the metaverse are already underway As the metaverse come closer to reality, telecommunication companies are in a unique position to capitalize on the trend by offering consumers a range of services in areas such as content aggregation, digital security, and device lifecycle management. With their vast infrastructures…
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5G set to propel India’s economic growth
5G is expected to create avenues of collaboration With the advent of 5G and the potential to boost innovation across the globe, Deloitte India and CII in a report released today have projected the Indian telecom industry to grow by $US12.5 billion every three years. India is all set to…
Read MoreSouth Korea’s fixed communication service revenue to decline
At a CAGR of 1.4% by 2026. Fixed communication service revenue in South Korea is expected to decline from $6.5 billion in 2021 to $6.1 billion in 2026 at a compound annual growth rate (CAGR) of 1.4%, according to GlobalData. The leading data and analytics company notes that this decrease…
Read MoreHGC telecom services transiting to Ukraine remain normal
HGC does not have any domestic operations in Ukraine. The international telecommunication services HGC provides to our global wholesalers and customers, including international voice, messaging, and internet services, to Ukraine have continued to operate as normal, despite the turmoil the country is currently facing. The traffic is supported via international carrier interconnections that…
Read MoreDeglobalization driving enterprise telecoms resegmentation
Refocusing and resegmenting their target customers. Many once globally ambitious enterprise telecoms service providers have made a fundamental shift in market focus due to macro-economic changes such as deglobalization and to make the most of evolving technology, says GlobalData. The leading data and analytics company notes that this is a…
Read MoreImproving telecomms in the Indo-Pacific region
USA, Australia, Japan, Federated States of Micronesia, Republic of Kiribati, and Republic of Nauru work together. Australia, Japan, and the United States are committed to working in partnership with the Federated States of Micronesia (FSM), Kiribati, and Nauru to improve internet connectivity to these three Pacific nations by providing funding…
Read More5G to drive mobile services market in China through 2026
Growth rate of 3.1 per cent from US$131.3bn in 2021 to US$152.7bn in 2026. The total mobile service revenues in China are poised to grow at a compounded annual growth rate (CAGR) of 3.1per cent from US$131.3bn in 2021 to US$152.7bn in 2026, mainly supported by growing 5G subscriptions, according…
Read MoreCOVID impacts India’s networking market
Key industry verticals contributed to the Q2 switch market business. India’s networking market which includes Ethernet Switch, Routers, and WLAN segments witnessed a 9.6 per cent year-over-year (YoY) decline in Q2 2020 (April – June 2020), reports global analyst firm IDC. It expects Q3 (July-September 2020) to also follow the…
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