Search results for "2024"

Myanmar FinTech growth amid the COVID-19 pandemic

Since the spread of the COVID-19 pandemic, Myanmar has seen significant growth in the Fintech market. To encourage social distancing, payments have been made through the internet. On April 27, 2020, the Myanmar Government launched, “The COVID-19 Economic Relief Plan”. Under this plan, the government distributed $22.78 to vulnerable households via Fintech applications such as […]

Oman’s telecom sector - a fast-growing and competitive market

In the past few years, the Sultanate of Oman has been considered as the most progressive telecom market in the Middle East for its liberalization and promotion of competition. Oman has a total of 16 telecom service providers operating under 3 categories. The competition between the telecom operators has engendered significant growth for different sectors […]

Pandemic hits Comcast 2Q; new Peacock service has 10M users

NEW YORK (AP) — The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers cut back. The company reported Thursday that its NBCUniversal TV, film and theme park divisions, as well as its Sky unit in Europe, all suffered steep drops in revenue […]

Brazil will launch 5G network despite political challenges

The deployment of the 5G network in Brazil has been facing political challenges. Like many countries in the world, Brazil has been dealing with pressure from the US over Huawei’s role in implementing the 5G network. However, these political challenges will not stop Brazil from securing its position in the high-speed internet market. Brazilian Telecom […]

Russia: 5G market leader in the CIS

Countries worldwide are working hard to secure a leadership position in the deployment of a 5G network. As for Russia, the country is expected to become a “leader in the 5G market” in the Commonwealth of Independent States (CIS), according to a new report published by GSMA entitled “The Mobile Economy Russia and CIS-2019”. The […]

CCCS release guidelines aimed at securing cloud-based computing

Canadian organizations that want to shift to a cloud-based environment will not have to worry about cybersecurity. On June 3, 2020, the Canadian Center for Cybersecurity (CCCS) has issued four sets of guidance related to cybersecurity. Initially set for the government of Canada, the four guidelines aim to help organizations to move to a safer […]

USMCA: an important agreement for Mexico 5G network.

On July 1, 2020, the US-Mexico-Canada Agreement (USMCA), a trade deal that replaces the North American Free Trade Agreement NAFTA, comes into force. This agreement is crucial for the Mexican Telecom sector as it paves the way for Mexico to accelerate the deployment of the 5G network. The US and Canada have been working on […]

Ericsson wins first 5G deal in Croatia

Croatia’s communication service provider Hrvatski Telekom (HT) has selected Ericsson as its sole supplier of 5G Radio Access Network (RAN) products and services until 2024. This move will place Croatia in accordance with the EU’s 5G Action Plan, issued in 2016. In fact, Hrvatski Telekom aims to boost digitalization and Industry 4.0 through the innovation […]

Mercedes, NVIDIA to develop new automated driving system

DETROIT (AP) — Four days after shelving an autonomous vehicle agreement with BMW, Mercedes has announced a deal to work with chip and software maker NVIDIA. The companies said Tuesday that the two will create a computing and artificial intelligence system for automated driving. It will be rolled out starting in 2024 in the next […]

Bharti Airtel invests in AI startup Voicezen

AI has been recognized as an advancing technology instrumental in transforming customer experience. As such, the global conversational AI market size is expected to increase from 4.2 billion dollars in 2019 to 15.7 billion dollars by 2024, according to recent market research. Based on the surge in demand for better quality of services online, companies […]