Digital transformation is being seen as a critical element of telecoms providers' survival. The current financial outlook for the industry is not great, and that will feed through into scope for investment into the next generation. We explore whether there is an opportunity to start remedying that.
The evolution of cellular technology has had a major effect on the economy and labour market. Since the introduction of 1G in 1979, there has been a constant advancement in this field. Although 6G technology is in the early R&D stages, it is already possible to evaluate its focus. It is also interesting to think of how it can shape the global economy, major industries, and workforce.
"The COVID-19 pandemic has accelerated the digital transition and revealed the challenges that still exist when it comes to connecting households and people, as well as the digital skills required to participate effectively in the online world. As a result of the pandemic, the need for a digitally competent population and the demand for a digitally skilled workforce has grown even more pronounced."