The interoperable, dynamic and open space known as “Metaverse” will digitally disrupt many sectors. It is set to offer exceptional experiences for customers in banking, financial services, insurance, real estate, media and entertainment, as well as gaming. It is as all-encompassing as it is lucrative.

Read more: The Metaverse and Data Protection: How Companies Can Proceed Smartly

Today, industry leaders from networking, service providers and cybersecurity announced the launch of the Network Resilience Coalition, an alliance focused on bringing together technology providers, security experts and network operators seeking to propose real-world solutions that dramatically improve the security of data and networks that support our global economic and national security.

Read more: Network Resilience Coalition Launched to Tackle Threats to Outdated Infrastructure

The demand for global connectivity solutions by enterprise and wholesale users has amplified the need for robust and agile telecom networks to support and empower a country’s drive toward digital transformation and economic growth. 5G has seen its large-scale application globally in over 17,000 private line projects serving multiple sectors like manufacturing, port, mining, oil & gas and healthcare and delivering significant economic benefits throughout society. Moreover, industrial digitalization is positioned as the driver for a digital, intelligent economy.

Read more: 5G-Advanced Is the Future of Communication

More and more businesses are looking to improve the autonomy of their mill or plant operations. An autonomous system in an autonomous mill or plant can monitor its own performance, which has various advantages such as enhanced safety and efficiency, lower costs and environmental effects, and less need for human involvement. However, even with autonomous and optimized operations, humans will continue to play a vital role, one that will focus more on supervising, controlling exceptions and ensuring that diverse process areas work well together.

Read more: Evolving More Autonomous and Optimized Operations

The UAE has ranked first globally in mobile internet speed for the month of June, with a download speed of 204.24 Mbps and an upload speed of 22.72 Mbps, according to the SpeedtestGlobal Index published by Ookla, a web service that provides analysis of Internet access performance metrics.

Read more: UAE Tops Global Mobile Internet Speed in June: Report

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.

Read more: Navigating the 5G Era Through Continuous Innovation

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.

Read more: Telcos in Q1 2023: 5G Deployments Continued to Increase CAPEX for Leading Performers

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