A5G-enabled digital boom across the Gulf is expected to generate $28 billion in revenues by 2023, as mobile data traffic soars, according to the Ericsson Mobility Report. The fifth-generation high-speed Internet will enable automated machinery for factories and remote monitoring of oil wells.
Saudi Telecom (STC) and Cisco have agreed to collaborate on the development of 5G communication systems and networks. “Our new 5G network architecture will enable us to make the next leap forward by delivering inclusive broadband that transforms how people use technology in their daily lives,” says Nasser Al Nasser, group CEO of the Saudi company. This “will pave the way for massive innovation,” he adds.
Saudi Arabia’s Vision 2030 reform program seeks to “expand the variety of digital services to reduce delays and cut tedi