FutureNet Asia 2023, one of the most highly anticipated ICT events in the Asia-Pacific region, took place in Singapore from October 18 to 19. With over 300 attendees, including prominent leaders from the ICT industry, the event provided a platform for sharing valuable insights on the future of the telecom industry, focusing on network automation and intelligence.
According to the industry body, GSMA, more than half (54%) of the world's population now owns a smartphone. However, the rate of new mobile internet users has slowed down. The GSMA's annual State of Mobile Internet Connectivity Report 2023 reveals that 4.3 billion people currently own a smartphone. These smartphone users are skilled at finding mobile internet services to assist them with various tasks.
The finale of FutureNet 2023 marked the conclusion of a two-day event filled with profound insights and discussions. The second day got off to an auspicious start, as Giles Cummings, founder and CEO of FutureNet World, and Andrew Collinson from Connective Insight took the stage for the opening remarks.
At the Global Mobile Broadband Forum (MBBF) 2023, Huawei's Yang Chaobin, a Board Member and President overseeing ICT Products and Solutions, introduced LampSite X, an innovative 5G indoor digital solution set to usher in a new era of indoor connectivity and intelligence.
The highly anticipated FutureNet 2023 event kicked off with a burst of energy and enthusiasm on its first day. The event promised insights into the future of telcos and network services as it gathered some of the brightest minds in the telecommunications industry. The day began with opening remarks from the event's founder and CEO, Giles Cummings, and Andrew Collinson, the founder and principal of Connective Insight.
During the 2023 Global Mobile Broadband Forum (MBBF 2023), Huawei's President of Wireless Solution, Cao Ming, introduced the inaugural comprehensive suite of solutions for 5.5G in the industry. Cao emphasized the timeliness of 5.5G in facilitating new experiences, connections, and services.
The Global Mobile Broadband Forum 2023 witnessed a groundbreaking moment in the telecom industry as Zain KSA and Huawei joined hands to sign a memorandum of understanding (MoU). Telecom Review had the opportunity to participate in the signing ceremony and witness a significant step in the collaborative efforts towards green technology.
The downfall of the SEA FinTech startup ecosystem can be attributed to rising interest rates, macroeconomic factors and fear of reduced startup valuations.
In a groundbreaking announcement at the 5G Industry Summit during the Global Mobile Broadband Forum 2023, Huawei unveiled that RedCap, the revolutionary 5G technology, is officially embarking on its global commercialization journey with a connection forecast of 100 million connections in 3 years.
SoftBank Corp., the telecommunications subsidiary of SoftBank Group Corp., has announced plans to expand its global IoT business in the Asia-Pacific (APAC) region starting in October 2023.
