Since the beginning of the year, there have been around 210,000 layoffs at big tech companies in the US. In November alone, there were 46,000 job cuts in the US, with Meta, Google, Microsoft and Amazon among the big techs that are implementing such massive layoffs.

Read more: Growing Tech Layoffs and What It Means for the Sector

The opening debate on Day 2 of the Summit began with Dr. Atsuko Okuda, Head of ITU Asia Pacific, and Toni Eid, Founder of Telecom Review Group, sharing ideas on a theme titled “Building the Asian Dream.”

Read more: TRS2022 Debate: Significant Generational Gap in Connectivity Access in Asia Pacific

Telecom Review, in collaboration with du, hosted the 6th International Telecommunication Union (ITU) CxO meeting on December 6 at the Intercontinental Dubai. The hybrid meeting saw participation from TDRA, du, Huawei, Nokia, China Telecom, TELUS, ZTE, Orange, Senko, Rohde & Schwartz, APTelecom, Arab ICT Organization, IBM, and Sofrecom.

Read more: Telecom Review Successfully Hosts High-Level ITU CXO Meeting for 2022

The global economy is forecast to be digitalized by 50% in 2025. Among the countries seen to have accelerated its digital transformation, Thailand targets to increase its digital economy to 50% by 2030. The Southeast Asian country has been among the fastest-growing digital economies in the region in the last two years. It has since started increasing its cloud technology to government agencies to 30% and to the private sector at about 70%. Data monetization is meanwhile predicted to multiply six times by 2030, and the digital economy is also predicted to generate 60–65 million new jobs as it develops in the future.

Read more: How Thailand Continues to Foster Its Digital Economy  

Under its annual theme “Global. Regional. Digital,” the 16th edition of the Telecom Review Leaders’ Summit successfully concluded its two-day gathering with the participation of a broad range of professionals, including telecom operators, telecom vendors, industry regulators, government officials, content providers, cybersecurity experts and consultants, among other attendees.

Read more: Telecom Review Makes History Again With Successful 16th MEGA Summit Edition

While 5G is still unfolding and far from being ubiquitous, discussions on 6G technology are already ongoing. With new cellular technologies being introduced approximately every decade, 6G promises to be the newest hype, following 5G, that will take shape in the 2030s.

Read more: From 5G to 6G: Countries Are Off to an Early Start

The ASEAN region holds tremendous digital business potential for global service providers, hyperscalers, content providers and OTT players. TM Wholesale is empowering them with comprehensive digital infrastructure solutions to provide a seamless gateway into the region.

Read more: TM Wholesale Paving the Way for Global Solutions Providers to Tap Into ASEAN’s Booming Market

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