The GSMA has published its annual ‘State of the Industry Report on Mobile Money’. It reveals a dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The report found that the number of registered accounts grew by 13 per cent globally in 2020 to more than 1.2 billion – double the forecast. The fastest growth was in markets where governments provided significant pandemic relief to their citizens.

Read more: Mobile money thrives in times of crisis

Many countries embarking on telecom development with a view to improve connectivity are considering satellite uses. Satellites will be highly beneficial to improve ICT capabilities, usher in economic growth, boost connectivity and market/country competitiveness, leverage technology transfer benefit, and develop the overall ecosystem that will spread to other industries.

Read more: O3b mPOWER – the next generation O3b system

The Infoblox SP Virtual Summit by Telecom Review will be held on February 17 at 15:00 (Dubai time). Entitled “Thoughts and consideration for designing next generation service providers network”, the virtual summit will address the requirements of next generation SP networks.

Read more: Infoblox SP Virtual Summit by Telecom Review – Register now

Egypt’s Minister of Communications and Information Technology Amr Talaat announced on Sunday that his ministry is looking to bring the telecommunications sector’s contribution to Egypt’s gross domestic product to eight percent over the next three years.

Read more: Egypt looks at increasing telecom sector’s GDP contribution to 8 percent in 3 years

What could come as a big relief to Chinese tech companies banned in the US, newly elected President Joe Biden has temporarily halted legal action against Chinese social media apps TikTok and WeChat, which could have been banned in the United States.

Read more: US President Joe Biden temporarily lifts ban on TikTok and WeChat

Telecom Review organized a virtual award ceremony to honor one of The region’s leaders in the ICT industry. Benya Group was announced as a winner at the Telecom Review Excellence Awards ceremony which was held in December 2020 in Dubai.

Read more: Two awards honor the achievements of Benya Group by Telecom Review

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