IN THE SPOTLIGHT
Chinese telecommunications giant ZTE has halted trading of its shares in both the Hong Kong and Shenzhen stock exchanges in response to the ban imposed on the purchase of its sensitive technology by the United States.
The 10th Telecom Review Summit kicked off in Lebanon on Friday April 13, 2018, gathering the country and region's most influential industry players under one ceiling. Held under the patronage of His Excellency Mr. Saad Hariri, President of the Council of Ministers of Lebanon, the Telecom Review Summit gathered over 450 attendees from over 18 countries, and hosted Lebanon's first 5G trial conducted by local telecom operator Alfa and Swedish vendor Ericsson.
UAE telecom provider Etisalat, along with Singapore-based telecom operator Singtel, Japan-based SoftBank and Spanish telecom giant Telefónica have signed an agreement to create the first Global Telco Security Alliance to offer enterprises a comprehensive portfolio of cyber security services.
UAE telecom provider du, a brand of Emirates Integrated Telecommunications Company (EITC), has introduced new flexible mobile subscription plans, where customers can benefit from the data minutes offered on a contract plan with the flexibility of prepaid.
Saudi Arabia-based telecommunications provider Etihad Etisalat (Mobily) conducted a 5G technology trial on April 15 at a special stand in Riyadh Gallery Mall in Saudi Arabia. The company has also opened a number of branches in shopping malls across Saudi Arabia as part of its expansion plans.
Digital transformation is critical for telecom operators looking to deploy 5G networks because the technology will require them to be more agile and cost-efficient, a Huawei executive said at the Telecom Review Summit held in Beirut on 13 April. An Jian, President of Huawei Wireless Marketing and Solution Sales, said the 5G "is quite important for the transformation of society, especially for the digitalization of traditional industries."
Technology is revolutionizing the healthcare sector with new innovations emerging every now and then. E-health was a topic discussed in depth during the 10th edition of Telecom Review Summit held in Lebanon on April 13. H.E. Ghassan Hasbani, Lebanese Minister of Health spoke to Telecom Review about a new e-health initiative which he announced during the e-health panel.
Reflecting on the challenges involved in building a successful tech startup, Mounir Ladki, President and CTO of MYCOM OSI, says entrepreneurs need to accept that mistakes will be made and that taking risks is essential. Mr. Ladki spoke during a panel session at the Telecom Review Summit held in Beirut on 13 April, where he shared his story of co-founding an innovative tech company that develops telecom-centric solutions.