Ericsson Vice President Todd Ashton (pictured) believes the spread of 4G across Africa will help create unicorn companies, drawing parallels with Asia, where countries like Indonesia developed such firms through increased connectivity.
Recently, China Telecom Guangdong and Huawei have jointly built the first 400G all-optical premium transmission network in the Guangdong–Hong Kong–Macao Greater Bay Area.
Ericsson has reported its Q4 results along with its full-year results for 2024, and while the Swedish vendor saw an uptick in North America, its sales have cratered across emerging markets.
Huawei has launched a new framework designed to help governments in the Middle East and Central Asia advance their digital transformation agendas, while underlining the role of technology as a catalyst for economic growth.