Products And Services

The telecoms industry has stood tougher through recession more so than other corporate sectors, now the United Nations predicts that new approaches to regulating information and communication technology could help re-stimulate our tortured economy.

According to a report from the UN International Telecommunications Union (ITU), ‘Trends in Telecommunications Reform,’ demand for services such as business mobile phones and business broadband solutions have remained buoyant, despite the economic crisis.

“The industry is currently undergoing a generational shift from fixed telephones networks to mobile connections of all types, next generation networking and broadband wireless networks,” says the report.

Hamadoun Toure, the ITU’s Secretary-General, reportedly also stated that ICT regulators play a key role in fostering on-going innovation and competition - "enabling operators to adopt the latest, most powerful technologies and ensuring consumers enjoy the very best range of services at the lowest possible prices."

Toure admits the economic crisis has sounded the alarm for the need for effective regulation in the industry sector, with the report arguing that regulators and policy-makers can tackle the potential risk for under-investment in tomorrow’s networks through funding programmes and effective regulatory strategies and policies.

Businesses investing in telecoms solutions are also gearing up to generate more revenue by finding bespoke solutions, in turn this will generate cash and growth in a grief-stricken corporate environment.