When many businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. The price and marketing choices made by the rival companies serve as their points of […]
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Mark Twain, the greatest humorist the US has produced, once said that “History never repeats itself, but it does often rhyme.” What’s past is past, but it does come back in a similar but not the same form (i.e., a rhyme). Accordingly, the Digital Silk Route (DSR) is not identical to the traditional silk route, […]
2022 was a booming year for telecom conventions and events as the world became more comfortable with the new normal set by the COVID-19 pandemic. As a result, everyone was trying to get back into the swing of things. Throughout 2022, several telecom events brought experts and enthusiasts up to speed on what is going […]
It takes time to navigate the banking and finance sectors. Despite being regarded as rather conventional areas, they are constantly changing. Financial technology, or “FinTech” as it is more commonly called, is a critical sector of expansion. However, how will fintech impact financial services in the future? And what is the future of fintech? Consider […]
A functioning society depends on the telecommunications sector. Over time, it proved crucial for families, communities, businesses, and governments. The COVID-19 pandemic and the widespread move to remote work increased the demand for a solid connection and an advanced telecommunications infrastructure for every civilization. Being a telecom CEO is a challenging task. In this article, […]
Despite multiple tech giants working on it, the metaverse has yet to arrive in all its virtual glory. In addition, the fifth generation of mobile networks (5G) has yet to be adequately adopted worldwide due to the public being satisfied and content with 4G. But once the metaverse is deployed, 5G adoption will skyrocket as […]
Although the industry has never stood still, it has also been simple to implement quick or significant changes within major organizations that use tried-and-true business models and expensive infrastructure to serve hundreds of millions of clients. Telcos must make crucial choices about handling these and other transitions while having time to stay one step ahead. […]
With its promise to bring forth endless opportunities in social connections, mobility, and intertwining the physical world with the virtual one, the metaverse will open new economic ventures of all scales, and city is riding the wave towards its next technological advancements with the Dubai Metaverse Strategy. The City of Gold announced plans to work […]
2022 has been a tumultuous year for the telecom industry. Nevertheless, some companies managed to keep their heads above water and then some. The previous 25 years have seen a revolution in telecommunications, and the Middle East and North Africa (MENA) region wasn’t one to sit on the sidelines. Despite certain countries’ reforms being cosmetic, […]
The world has seen technology infiltrate almost every sector the world has known, and the financial industry is no different. Traditional banking was getting the job done, and it almost felt like this was how things would be forever. Yet, innovation strikes, and the world is introduced to eclectic solutions to problems consumers never considered, […]