IFC Helps Network International Expand Access to Payment Infrastructure in the Middle East and Africa

According to McKinsey, credit, debit card and ATM penetration in MidEast and Africa is the lowest in the world

IFC, a member of the World Bank Group, and the IFC Middle East and North Africa Fund, managed by IFC Asset Management Company, today announced a combined indirect equity investment of $30 million via the WP/GA consortium fund in Network International, a leading provider of payment solutions, to expand the payment infrastructure in the Middle East and Africa.

Gartner Says Detection and Response is Top Security Priority in 2017

Worldwide Spending on Information Security to Reach $90 Billion in 2017


STAMFORD, Conn., March 14, 2017 — Organisations are transforming their security spending strategy in 2017, moving away from prevention-only approaches to focus more on detection and response, according to Gartner, Inc. Worldwide spending on information security is expected to reach $90 billion in 2017, an increase of 7.6 per cent over 2016, and to top $113 billion by 2020. Spending on enhancing detection and response capabilities is expected to be a key priority for security buyers through 2020.

Unprecedented Integration Driving 5G and IoT at Mobile World Congress 2017

Mobile World Congress 2017 was all about 5G and getting real. Although there is still much hype in the market, actual trials are underway and companies are getting realistic with what can be rolled out first and the progression of technologies needed to work their way into full 5G deployment. 5G connections are forecast to reach 1.1 B by 2025 according to a study made by GSMA, with wide deployment expected by 2020. The first 5G application being targeted seems to be fixed wireless access for certain locations.

What Happens along the Road to 5G?

Impact to Network Architecture and Systems may begin with 4G Optimization, HetNets and MEC

What Happens along the Road to 5G ?

Fifth Generation (5G) is anticipated to impact many aspects of telecom Network Architecture and Systems.  There are many things to consider along the road to 5G including 4G Optimization and supporting technologies such as HetNets and MEC.

4G Technology Optimization

CSPs Risk Losing Customers to Global Digital Giants, Accenture Survey Finds

Services Can Lead to New Growth; Connected Home and Digital Video Offer Significant Opportunities

NEW YORK; Feb. 24, 2017 – Accenture's Dynamic Digital Consumers Survey revealed that if a global digital giant such as Google or Amazon launched an offer comparable to their mobile operator, 44 percent of respondents would leave their provider, forming a gloomy outlook for Communications Service Providers (CSPs).

Operators to miss $6.7bn opportunity from consumer demand for managed Wi-Fi

XCellAir™ research reveals lost OPEX saving and revenue opportunity from paid-for managed Wi-Fi in the home

Consumer interest in managed Wi-Fi services represents a $6.7 billion missed opportunity for service providers globally, a new study from XCellAir has revealed. Data from a new survey of 1,000 consumers each in the US and UK reveals that on average, 15% of consumers would be willing to pay for their Wi-Fi service to be managed by their service provider or a third party. Furthermore, they would be willing to pay on average $34 per year for such managed services.

Carrier Study Finds Global LTE Roaming Availability Doubles in Two Years

Next generation data roaming now available across nearly 75% of the globe

Brussels – Belgium – More than 140 countries now offer LTE roaming services, allowing subscribers to take advantage of high quality data services as they travel, according to annual research by BICS, a global wholesale carrier for voice, mobile data and capacity services. The number of operators offering these services has also seen dramatic growth, increasing by over 150% in the same period.

Making the OTT Threat Work for You

Instead of developing products or services to compete with OTT, operators need to focus on their core

By now, we all know that over-the-top (OTT) apps and companies pose a serious threat to the way Communications Service Providers (CSPs) have been doing business. Operators are steadily losing revenue to communication-over-IP (CoIP) trailblazers providing their services for end users (in most cases) free of charge, using conferencing and collaboration as the lead.

Telcos Need an Over-The-Top Game Plan: What's Your Move?

The fast adoption of new OTT services has a double impact on mobile network operators

Over-the-top (OTT) players that offer innovative services are gaining ground. These players are constantly growing and adding more and more subscribers into their databases.
 
Telecommunication companies have seen the impact that OTT services have on their networks and services. Along the years, less people using text-messaging services available via mobile network operators to communicate; instead OTT messaging players, such as WhatsApp, Skype and Viber (among many others), are replacing them.
 

Economic and Societal Impacts of 5G Infrastructure Investments Explored in CTIA Report

CTIA commissions Accenture Strategy to conduct analysis which estimates U.S. GDP boost of $500 billion

WASHINGTON; Jan. 12, 2017 – Deploying the next generation of high-speed 5G wireless networks could create up to three million jobs and add approximately $500 billion to U.S. GDP through direct and indirect potential benefits, according to a new report from Accenture (NYSE: ACN), commissioned by CTIA. 
 

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