In the last week, the firm, UAE Telecom Operator Etisalat Group made headlines that it saw a 1% rise in net profit in 2019. The company consolidated net profit after federal royalty reached Dhs8.7bn in 201, marginally up from Dhs8.6bn in 2018. It is also launching Business Unified Communication Service and says that now 5G coverage will be available at the world’s tallest tower in Dubai Burj Khalifa. The firm has made live 5G video calls across various locations in UAE. Using this technology, it aims to provide users with a speed of up to 1 Gbps and lower latency to 1 millisecond. Key drivers for this deployment include increased network capacity, lower cost per GB and new use case requirements. Chairman of Etisalat Group Obaid Humaid Al Tayer, said “It has become clear that the paradigm shift in the telecom industry is now in full force. Digital Transformation is becoming present in more areas of life”.
The Digital Transformation will give an opportunity to spur innovation across many industries and also enable emergent technologies to become an integral part of the UAE economy and lifestyle. This technology will also enable improved AR/VR services cloud gaming from anywhere in UAE, advanced robotics, autonomous transport, 3Dprinting, and wearable technologies. This company aims to build 1000 5G towers across the UAE in 2019 to enable coverage. It also enables the latest generation of mobile network technology to be more substantially faster than the current 4G network. Moreover, this network will also empower government entities and the enterprise digital transformation, smart city development, and the fourth industrial revolution.
