Page 62 - SAMENA Trends - June-August 2021

ARTICLE SAMENA TRENDS

ARTICLE

5G Ecosystem and Digital Interdependence

5G will bring major social and economic value for citizens and national
industries, in return allowing significant city transformational gains from
the delivery of ultra-high speed, low latency, and flexibility provided by the
5G network. The United Nations High Level Panel on Digital Cooperation’s
launch of a new tech report in 2019 focused on faster digital cooperation
in the “Age of Interdependence”. The digital cooperation involves not
only governments, but a far more diverse spectrum of other stakeholders
such as civil society, academics, technologists, and the private sector.
Their role is to take significant steps toward rapidly transforming society
and creating opportunities by the application of digital technologies .
1
Analysys Mason projected that 5G will enrich the economy and provide
social benefits in Kuwait by generating a cumulative increase of more
than USD1.0 billion in GDP during 2018–2025 – that is roughly around
0.09% of the cumulative total GDP of Kuwait over the same period
(USD1.1 billion). The spread of digitalization in Kuwait has a potential
of translating to 25,000 added jobs and delivering wide-ranging benefits
through enhanced access .
2
stc's 5G infrastructure possesses the capability
of supporting the national vision of diversifying

the economy away from oil dependency by
digitally accelerating private sector growth,
enabling innovation, stimulating competition,
and boosting production efficiency. The
Fahad Al Ali
Chief Technology Officer Company has been working on shaping relevant
stc Kuwait 5G eco-system technology movements, in line
with Kuwait's 2035 vision to maintain a cutting-
edge 5G infrastructure in its telecoms market.

stc, along with the government and other key stakeholders in Kuwait’s
telecom value chain, have been keen to launch 5G as early as 2019 in
certain areas, while providing national coverage later on in the same
year . stc's 5G infrastructure possesses the capability of supporting the
3
national vision of diversifying the economy away from oil dependency
by digitally accelerating private sector growth, enabling innovation,
stimulating competition, and boosting production efficiency. The
Company has been working on shaping relevant 5G eco-system
technology movements, in line with Kuwait's 2035 vision to maintain a
cutting-edge 5G infrastructure in its telecoms market. This vision will
lead the eco-system build, while sparking a competitive environment

62 JUN-AUG 2021