As a wrap-up to the 17th edition of Telecom Review Leaders’ Summit, Telecom Review Group organized its Excellence Awards ceremony to recognize exceptional global and regional companies, along with industry leaders, for their innovative initiatives and influential contributions throughout 2023.

Read more: stc Bahrain Wins Best 5G Infrastructure Deployment – Middle East

The GCC telecommunication sector is set to undergo substantial expansion from 2023 to 2028, with an expected Compound Annual Growth Rate (CAGR) of 7.80%. This growth trajectory is shaped by various pivotal factors within the telecommunication landscape of the GCC region.

Read more: Growth Trends in the GCC Telecommunication Market

Marking a promising beginning to the new year, e& Carrier & Wholesale achieved several noteworthy milestones at the Capacity Middle East 2024 event. A series of collaborations with operators, subsea cable partners as well as launches of innovative services have been announced. Amidst this progress, a momentous celebration took place during the Grand Gala Dinner.

Read more: Collaborate, Innovate, Celebrate: e& Carrier & Wholesale Leads the Way

In 2023, generative AI (GenAI) emerged as a promising force poised to transform business operations, capturing widespread attention. Notably, the Middle East stands out with a distinctive approach to AI and GenAI adoption, diverging from prevailing global trends.

Read more: Middle East's GenAI Momentum: From Upskilling to Operational Revolution

Amidst the ongoing surge of cybersecurity threats that impact businesses across various sectors, the domain of mergers and acquisitions (M&A) emerges as no exception to these challenges. The intricacies and vulnerabilities inherent in M&A transactions underscores the critical necessity for organizations to prioritize cybersecurity, thereby safeguarding their assets and sensitive data against potential breaches and cyberattacks.

Read more: Safeguarding Mergers & Acquisitions: Overcoming Unique Cyber Challenges

Telecom providers across the Middle East and North Africa (MENA) region have long faced barriers which prevent the widespread adoption of cloud computing technologies. However, as these obstacles gradually diminish and cloud solutions become more accessible, the moment is opportune for these firms to initiate a transformative voyage, capitalizing on the substantial financial advantages offered by cloud technology.

Read more: Embracing Cloud Investments in the MENA Region

As 5G deployments continue to grow, the next-generation networks must handle the substantial data traffic generated by hundreds of new applications and services utilized by millions of users. According to GSMA, 5G networks are likely to cover one-third of the world’s population by 2025. Hence, the technology’s impact on the mobile industry and its customers will be immense. Consequently, this development warrants the close workings between vendors and telecom operators to incorporate trust, cooperation, shared risk and investment and mutually beneficial SLAs to run their respective operations.

Read more: Till Tests Do Us Part: Analyzing the Telco-Vendor Partnership

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