Telecom Review is hosting a virtual panel under the theme of “Digital transformation driving the next phase of innovation” on November 10 at 4 pm (Dubai time). This panel will give C-level speakers the opportunity to discuss cloud’s role in digital transformation, meeting emerging opportunities and challenges, investing in digital skills to meet digital transformation goals, and the requirements and progress to build a digital world.
It has been revealed on the sidelines of GITEX 2021 that the Egyptian government is in the midst of setting the legal framework for the frequencies and licenses for 5G in order to begin proper deployment of 5G especially since it is an advanced technology that will bring a new breath to the Egyptian economy and improve the services received by the end-user.
ST Engineering iDirect, a global leader in satellite communications, announced that Kacific, a leading satellite broadband operator in Asia Pacific, has successfully deployed its pioneering Mx-DMA® MRC (Multi Resolution Coding) technology in conjunction with its first Ka-band satellite, Kacific1, to provide high-speed, low-cost, ultra-reliable broadband to rural and suburban areas of the Pacific and Southeast Asia.
An urban mobility and on-demand courier service startup, Transtura, has launched its operations in Lagos, Nigeria's economic capital. The company's goal is to redefine intra-urban mobility in Africa as a feasible alternative to the usual transportation service.
Temenos, the banking software company, announced that Midbank, a universal bank in Egypt providing retail, corporate, and investment banking services, has selected Temenos' open banking platform to power its digital transformation. The bank will implement Temenos transact as its core product and Temenos Infinity digital banking platform to replace its legacy systems and streamline its systems and processes as part of a visionary IT transformation strategy. The Temenos banking platform will enable Midbank to meet customers' future needs and the bank's strategic goals as an agile, high-touch and high-tech bank.
To improve telecoms coverage on five strategic national roads, Egypt's National Telecommunications Regulatory Authority (NTRA) announced a financial bundle of $20.6 million. The telecoms regulator stated that a limited call for tender will be available soon for authorized companies to start and operate telecom base stations in the country.
Smart address verification tech-driven product in Nigeria was recently launched by a Kenyan digital addressing system startup, OkHi Limited, and Interswitch Group, to focus on digitizing payments on the continent. After this launch, Quickteller, Interswitch's payments and wallet service, becomes the first Nigerian company to use OkHi's new service.
A service agreement was signed by the Egyptian government through the National Company for Telecommunications Services (NCTS) with the high-speed satellite internet service provider Hughes Network Systems. NCTS will have access to many solutions including two Hughes Jupiter System gateways, a network management system, to provide connectivity in rural areas via the Tiba-1 satellite.
Heading into 2022, telecom companies have an even larger role to play as the fifth generation of wireless technology begins to gain traction among enterprises and consumers alike. 5G deployment has been on the fast track with nationwide efforts done to achieve mainstream adoption. In fact, in four-year time, 4.41 billion people will be able to use 5G services. This represents 53% of the world population, according to an analysis by Bankr.
Telecom operators was forced to expand their data capacities due to the pandemic. According to GSMA, the mobile internet penetration rate was 28% in sub-Saharan Africa in 2020 compared to mobile penetration of 46% because of the high smartphone prices rate.