ITU Announces $9 Billion Investment for Global Mobile Connectivity Expansion

Na'ankwat Dariem

504

The International Telecommunications Union (ITU) has announced over $9 billion in investment commitments from mobile operator groups to extend global connectivity.

ITU Secretary-General Doreen Bogdan-Martin made the announcement at Mobile World Congress (MWC) held in Barcelona, which  builds on the mobile industry’s strong support to ITU’s efforts to connect the world

In a statement,  the UN Digital Agency also announced that it now has over 1,000 industry, academic, and organizational members in addition to its 193 member states. This milestone marks the largest, most diverse membership in the agency’s history.

According to the ITU, the new industry commitments raise to over USD 46 billion the total current value of planned investment in infrastructure, services, and support to the ITU’s Partner2Connect Digital Coalition since the platform opened in March 2022.

ITU Secretary-General Doreen Bogdan-Martin said the “Universal meaningful connectivity is within our grasp”  

“Thanks to these new commitments, millions of people will benefit from accessible and affordable connectivity across the world,” She said

The commitments announced at Mobile World Congress include:

  • e&: USD 6 billion between 2024 and 2026 for accessible and affordable network connectivity and digital services across countries in the Middle East, Africa and Asia.
  • China Telecom: Over USD 1.4 billion to rollout fibre-to-the-home (FTTH), providing high-quality information and communication services to over 80 million people in remote administrative villages across China.
  • Ooredoo: USD 1.1 billion for connectivity in the developing markets ranging from North Africa to the Indian Ocean.
  • VEON: USD 600 million in building the infrastructure of Ukraine, providing connectivity and digital services essential to the reconstruction of the country.

Also commenting on the Commitment , Chief Regulatory Officer, GSMA, John Giusti applaued  the ITU Secretary-General’s focus on the importance of infrastructure investment to enable the digital economy

He said , “Mobile operators continuously invest in deploying and upgrading their networks, delivering benefits to citizens in all corners of the globe. I congratulate e&, China Telecom, Ooredoo and VEON on their investment pledges. I am encouraged that MWC is the event of choice for such commitments and for collaboration between the public and private sectors.” 

Also ReadITU advocates gender equality in science 

According to data from ITU, 2.6 billion people remain offline worldwide. As telecommunications infrastructure forms the backbone of connectivity and digital transformation, it is vital for closing that global digital divide and overcoming development impediments in areas from education and health to government services and trade.

ITU has called for USD 100 billion in overall investments by 2026 to provide the expertise and resources required to extend universal, meaningful connectivity and sustainable digital transformation to every corner of the globe.

In addition to infrastructure, Partner2Connect commitments can support other critical needs, including building digital skills and increasing digital inclusion. The new commitments from e&G, China Telecom, Ooredoo and VEON are expected to be implemented over the next 2–5 years.

In the same view, the ITU also announced a largest, most diverse industry and academic membership in its history

ITU’s expanded membership base will build on the UN Digital Agency’s unique contribution to the UN system. Global membership has evolved over the organization’s 159-year history to reflect changing technologies and the expanding digital ecosystem in our everyday lives.

Bogdan-Martin said “We are excited to welcome our new members, who join ITU’s long history of innovation built on public-private partnerships that have shaped technology’s place in society

“This multi-stakeholder model of collaboration will continue to be a strong force in the UN system to bridge the digital divide and build an inclusive, safe, and sustainable digital future for all,” she added.

ITU’s industry members collaborate with governments, academia, and civil society to develop new international standards and guidelines that shape the future digital economy. ITU members together implement projects and initiatives extending access to digital services across the world.

Comments are closed.